MMBA Accountants, a UK chartered certified accountancy and registered audit firm based in Bloomsbury, Central London, has launched a dedicated financial services audit division. The new service is designed for regulated businesses including asset managers, wealth management firms, insurers, and capital markets participants.

The division brings together MMBA's existing audit expertise under a single, sector-focused service line. It covers statutory audit, external audit, and compliance audit for financial services firms operating under FCA rules, IFRS, and UK GAAP reporting standards.

Full details of the new service are available at https://www.mmba.co.uk/services/financial-services-audit/.

Financial services businesses face increasing regulatory pressure around reporting accuracy, internal controls, and risk disclosure. MMBA's new division addresses this with audit strategies built around each client's business model, risk profile, and compliance obligations. The firm also uses data analytics and automated testing to identify material misstatement risks and control gaps before they escalate.

The division is led by directors Waqqas Memon, who has nine years of post-qualification experience including seven years at Top 10 accountancy firms, and Mirza Sonaver Baig, who brings over 20 years of experience in strategic leadership and practice management. The wider audit team includes Big 4 and Top 10 trained financial auditors.

MMBA already works with FCA-regulated clients across several sectors, including brokerages, electronic money institutions, payment service providers, and e-wallet operators. The firm also provides specialist audit and accountancy services for solicitors under the Solicitors Accounts Rules, ATOL holders in travel, and cryptoasset businesses. Named crypto clients include Wirex and Searo Labs.

The firm operates from four UK offices in London, Preston, Cambridge, and Luton, and provides both in-person and remote support.

For enquiries about the new financial services audit division, businesses can visit https://www.mmba.co.uk/ or contact the London office directly on 020 3355 0841.

Contact:
Company: MMBA London Ltd
Address: 16 Upper Woburn Place, Greater London, WC1H 0AF, UK
Phone: 020 3355 0841
Website: https://www.mmba.co.uk/