Britain’s market regulator, the FCA, has cracked down on a cryptocurrency firm after discovering that it was ‘not capable’ of supervising the organisation in the
According to recent reports, the Financial Conduct Authority (FCA) is currently investigating a British digital bank for a potential breach of financial rules. Monzo has
2020 proved to be a rough year for the financial services industry, with the Covid-19 pandemic bringing with it new challenges and exposing shortcomings within
In a recent letter, the Financial Conduct Authority has warned retail banks about continuing weaknesses and failings surrounding their financial crime systems and controls. In
Initiatives for operational resilience help businesses with risk appetite and risk tolerance, preparing them for any disruptions to the delivery of their products and/or services
Compliance is a key issue for many money issues and payment institutions. Companies often have to operate in multiple jurisdictions, all with their own laws
In a recent update from the Financial Conduct Authority, the regulator has stated that a significantly high number of businesses are not meeting anti-money laundering
Compliance with regulatory requirements at the authorisation stage, as well as during the existence of a regulated firm, is fundamental to any financial services firm
The Financial Conduct Authority has recently set out plans for a new consumer duty, which will create a higher level of consumer protection in the
The year 2020 proved to be an extremely challenging time for British financial services, with the pandemic representing one of the greatest shocks to the