The Challenges of Compliance in 2021 [Infographic]
August 2, 2021
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
Category: News
The FCA issues warning to banks over financial crime and AML failings
July 16, 2021
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
New FCA Consultation on Operational Resilience
July 9, 2021
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
What is a Compliance Consultant? | A Neopay Guide
June 17, 2021
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
FCA says cryptocurrency firms are not meeting anti-money laundering rules
June 3, 2021
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
Crucial Requirements for FCA Compliance and How You Can Prepare Your Application
May 24, 2021
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
FCA proposes stronger protection for consumers in financial markets
May 19, 2021
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 FCA plans to reshape itself in a post pandemic world
May 5, 2021
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
New report published on trade-based money laundering risk indicators
March 30, 2021
In an effort to help organisations identify trade-based money laundering (TBML), the Financial Action Task Force (FATF) and the Egmont Group of Financial Intelligence Units
The Future of Fintech in the U.K. – The Kalifa Review
March 9, 2021
Over the past decade the UK has become a fintech hub, emerging as a successful incubator of innovation in the banking and financial services sector.