The Financial Conduct Authority (FCA) has fined Mako Financial Markets Partnership LLP (Mako) £1,662,700 for significant failures in its financial crime controls. The regulator found
The Payment Systems Regulator (PSR) has issued an important update regarding the implementation of the Reimbursement Claims Management System (RCMS). Originally planned for May 2025,
The House of Lords Financial Services Regulation Committee has published a report raising significant concerns about the Financial Conduct Authority’s (FCA) proposals to publicise enforcement
The Financial Conduct Authority (FCA) has issued a new ‘Dear CEO’ letter (dated 3rd February 2025) outlining its priorities for firms within the payments sector.
The Financial Conduct Authority (FCA) is set to launch My FCA in spring 2025, a new online portal designed to streamline regulatory reporting and access
The Financial Conduct Authority (FCA) has recently published its findings on how firms are using the National Fraud Database (NFD) and money mule account detection
The UK financial services sector is poised to take centre stage in the government’s drive to boost economic growth through the upcoming Financial Services Growth
The recent news that the UK Serious Fraud Office (SFO) has secured its first Unexplained Wealth Order (UWO) marks a significant step in the fight
Generative Artificial Intelligence (GenAI) is revolutionising many industries, but with this innovation comes significant risks. GenAI refers to a type of artificial intelligence that can
In a recent high-profile case, the Financial Conduct Authority (FCA) issued a Final Notice objecting to the proposed acquisition of Olampicaran Limited by Mr Ahmed.