FCA to launch live AI testing service
April 29, 2025
The Financial Conduct Authority (FCA) is set to launch an innovative live AI testing service aimed at helping firms deploy safe and responsible artificial intelligence
Category: News
Guidance on the failure to prevent fraud offence
April 28, 2025
The Serious Fraud Office (SFO) has released updated guidance encouraging companies to promptly self-report suspected fraud or misconduct. This new initiative aims to help businesses
UK Card Payments and Contactless Transactions Reach New Milestones in 2024
April 28, 2025
The UK’s payment landscape in 2024 has seen unprecedented growth, with both card payments and contactless transactions hitting significant milestones. New figures reveal the increasing
UK Strengthens Support for Syrian People by Amending Syria Sanctions
April 28, 2025
In a significant move to help the people of Syria rebuild their country and economy after the fall of Assad, the UK government has updated
NCA targets barbershops in major operation against money laundering and modern slavery
April 22, 2025
In a show of force for cross-agency collaboration, the National Crime Agency (NCA) has spearheaded a widespread crackdown on high street crime with Operation Machinize,
FCA Increases Global Footprint with New United States and Asia-Pacific Offices
April 17, 2025
In a significant step to strengthen global cooperation and enable cross-border financial services, the Financial Conduct Authority (FCA) has announced that it will establish its
Understanding the FCA’s Proposed Changes to Safeguarding: An expert interview
April 14, 2025
As the Financial Conduct Authority (FCA) has proposed significant changes to the e-money and payment companies’ safeguarding regime, there are fears among many firms about
Another Revolut Fine – This Time from the Central Bank of Lithuania
April 10, 2025
On 8 April 2025, the Bank of Lithuania imposed a €3.5 million penalty on Revolut Bank UAB – the largest penalty ever for the neobank
FCA Desk-Based Reviews: Insights and Compliance Challenges
April 1, 2025
The UK’s Financial Conduct Authority (FCA) significantly increased its supervisory activity on firms’ anti money laundering and terrorist financing (AML/CTF) controls in the 2023-24 reporting
UK Government announces merger of PSR into FCA
March 21, 2025
The UK Government has announced plans to integrate the Payment Systems Regulator (PSR) into the Financial Conduct Authority (FCA) as part of its ‘Plan for