The Financial Conduct Authority (FCA) employs skilled person reviews, also known as Section 166 reviews, to assess and rectify concerns within financial institutions. Recent data
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
As a previous MLRO and Head of Compliance within the payment sector, and now as Neopay’s Consultancy Manager, I have seen first-hand the importance of
In today’s fast-paced business environment, financial crime is becoming an increasingly significant concern for firms of all sizes. Activities such as money laundering, fraud, and
With the FCA becoming more proactive, it is essential that e-money and payments firms also take a more proactive approach to their regulatory compliance, to
Any successful business will have a selection of codes of conduct, guidelines and internal controls in place that organise and define the inner workings of