Changes to UK company law
April 22, 2024
The UK’s company law landscape underwent significant changes with the enactment of the Economic Crime and Corporate Transparency Act, effective from 4th March 2024. These
Category: News
Extra time for payment service providers to investigate fraud
April 8, 2024
On March 12, 2024, HM Treasury announced its proposal for the Payment Services (Amendment) Regulations 2024. These new regulations aim to empower PSPs with more
PSR to host engagement sessions on APP scams reimbursement requirement
March 22, 2024
The Authorised Push Payment (APP) scams reimbursement requirement will officially take effect on 7 October 2024. This policy aims to provide protection to consumers who
FCA outlines ambitious plans for 2024-25
March 22, 2024
The Financial Conduct Authority (FCA) has unveiled its Business Plan for 2024-25, setting forth an ambitious agenda for the final year of its 3-year strategy
Understanding FIN074 returns from the FCA
March 20, 2024
In a recent communication from the Financial Conduct Authority (FCA), firms are reminded of the importance of understanding their obligations regarding the completion of FIN074
HM Treasury launches consultation to enhance money laundering regulations
March 15, 2024
HM Treasury has initiated an open consultation aimed at refining the Money Laundering Regulations (MLRs) to bolster their effectiveness while reducing burdens on legitimate customers.
Safeguarding: What to expect of a safeguarding review
March 14, 2024
Safeguarding of client funds continues to be a high priority for the Financial Conduct Authority (FCA) in the payments and e-money markets. For the last
FCA issues warning to firms over AML failings
March 7, 2024
In a recent move, the Financial Conduct Authority (FCA) has taken a significant step in addressing the prevalent anti-money laundering (AML) shortcomings among Annex 1
FATF Plenary update: key outcomes and strategic initiatives
March 5, 2024
The Financial Action Task Force (FATF) convened its February plenary from 21 to 23 February 2024, addressing crucial issues concerning money laundering, terrorism financing, and
FCA’s move to faster and more transparent enforcement
March 4, 2024
In a recent announcement, the Financial Conduct Authority (FCA) unveiled plans to overhaul its enforcement approach, opting for a faster and more transparent process. Among