About Us
Founder & Director, Nick Patterson
Founder & Director, Nick Patterson
Founder & Director, Nick Patterson
With over 20 years experience working in the UK Financial Services, Banking and Finance sectors, Nick established Compass Audit to offer UK Payment Institutions and E-Money Institutions an AML compliance audit service that conducts a comprehensive examination of your policies, procedures, personnel and controls within your business, whils
With over 20 years experience working in the UK Financial Services, Banking and Finance sectors, Nick established Compass Audit to offer UK Payment Institutions and E-Money Institutions an AML compliance audit service that conducts a comprehensive examination of your policies, procedures, personnel and controls within your business, whilst meeting the expectations of your stakeholders.
Initially, Nick developed and honed his auditing skills at an award-winning UK financial services consultancy, where he was co-founder and co-owner. In his former role as Head Auditor, Nick contributed significantly over seven years to the excellent reputation gained for the compliance audit service line, within the Payments sector, and has now brought this experience and knowledge gained to Compass Audit and its clients.
Having now conducted over 200 compliance audits in the UK (primarily London), Spain, Ireland and Hong Kong since 2012, Nick continues to conduct all testing and manage the audit process to its conclusion, ensuring all our compliance audit's are conducted to a consistently high standard.
Nick also holds an ICA Diploma in Anti-Money Laundering and is a member of the Chartered Institute of Internal Auditors & ACAMS.
About Compass Audit
Founder & Director, Nick Patterson
Founder & Director, Nick Patterson
Established in 2017, Compass Audit offers its UK (primarily London) Payment and E-Money Institutions clients an independent and external compliance audit service. Also listed as a preferred AML auditor with Barclays, Compass Audit strives to maintain its high auditing standards, consistently.
Principally focused on Anti Money Laundering "A
Established in 2017, Compass Audit offers its UK (primarily London) Payment and E-Money Institutions clients an independent and external compliance audit service. Also listed as a preferred AML auditor with Barclays, Compass Audit strives to maintain its high auditing standards, consistently.
Principally focused on Anti Money Laundering "AML" testing within the UKs Money Laundering Regulations, Compass Audit also offers a 'build your own' audit approach to suit most budgets that can also incorporate key elements of the UKs Payment Services Regulations or E-Money Regulations.
The firm is also very proud to be nominated & win awards for the 'Best Financial Services Compliance Specialist' in 2022 & 2023 from the UK Enterprise Awards.
Compass Audit is also a member of AFEP (Association of Foreign Exchange & Payment Companies) and frequently attends networking events in London.