Consumer Duty: Not once and done
November 2, 2023
In a recent speech on 1st November, Nisha Arora, Director of Cross Cutting Policy and Strategy at the FCA, highlighted the ongoing commitment and challenges
Category: News
Skilled Person Reviews (S166) – Latest Payment Sector Data
October 31, 2023
The Financial Conduct Authority (FCA) holds the authority to seek an external viewpoint on a regulated firm’s activities by engaging a third party known as
Protecting Against Money Mules: Insights from the FCA’s Review
October 27, 2023
In October 2023, the Financial Conduct Authority (FCA) unveiled the findings of a comprehensive multi-firm review targeting payment account providers. The focus was on the
How the FCA Is Making Form Filling Easier for Applicants
October 18, 2023
The Financial Conduct Authority (FCA) plays a crucial role in maintaining the integrity of the financial services industry in the UK. Any business looking to
Ensuring Strong Governance: Lessons from the FCA’s Decision to Fine and Ban Ex-Barclays CEO
October 16, 2023
In recent regulatory developments, the Financial Conduct Authority (FCA) has imposed a significant fine and a ban on Mr. James Staley, the former CEO of
FCA issues 146 alerts in first 24 hours of new crypto marketing regime
October 10, 2023
The Financial Conduct Authority (FCA) has taken action in response to the growing concerns surrounding the marketing of cryptoassets. With the cryptocurrency market expanding at
FCA issues £6.5m fine for AML failures: key lessons for firms
October 10, 2023
In a recent development, the Financial Conduct Authority (FCA) has fined ADM Investor Services International Limited (ADMISI), a prominent broker, a staggering £6,470,600. This substantial
FCA’s Findings on Bank Account Access and Closures
September 22, 2023
The Financial Conduct Authority (FCA) recently released its preliminary findings on bank account access and closures, shedding light on an important aspect of the financial
Rethinking FCA Enforcement: Lessons from Recent Cases
September 21, 2023
In a recent series of decisions, the Upper Tribunal (UT) has thrown a spotlight on the Financial Conduct Authority’s (FCA) enforcement strategy. These verdicts have
Strengthening Sanctions Controls: FCA’s 5 Key Areas for Improvement
September 8, 2023
In an increasingly complex financial landscape, implementing effective sanctions controls are essential in the fight against financial crime. The Financial Conduct Authority (FCA) recently conducted