Richard Manktelow
Consultant
Richard Manktelow, Consultant
Richard is a kind-hearted individual who dedicates much of his time to caring for his parents. When he finds a moment for himself, Richard eagerly hops on his bike and pedals through the scenic country roads. After his invigorating rides, he enjoys unwinding with a fancy coffee and a delectable, sweet treat.
When he's not with his family or exploring on his bike, Richard channels his energy into giving back to the community. He volunteers at the local charity shop and food bank, always ready to lend a helping hand and make a difference in the lives of others.
Meet Richard
Richard joined Avyse in May 2024, bringing with him a wealth of experience from the public sector, commercial entities, and regulatory bodies. Previously, he served as a supervisor at the FCA's Payment and Digital Asset Directorate, where he led diverse regulatory interactions, including desk-based reviews, on-site inspections, overseeing Skilled Person Reviews, and imposing individual requirements.
Richard’s consulting work consistently demonstrates his commitment to consumer focus, ensuring that his findings and recommendations are impactful and beneficial.
Experience:
Richard has conducted comprehensive reviews of systems and controls for large payment firms, ensuring compliance with Consumer Duty and providing actionable recommendations for achieving compliance within six months.
Richard supported a large multi-firm general insurance s166 Skilled Person Review, transforming complex data into clear, concise conclusions and recommendations delivered to both the firm and FCA.
Richard has assisted payment and digital asset firms through the FCA authorisation process by developing and implementing Compliance Framework and policies.
Whilst at the FCA Richard led the first orderly wind-down of an Electronic Money Institution, managing strict project timelines to prevent insolvency and regularly updating executive-level stakeholders with succinct analysis and mitigation strategies.