FCA fines for FinCrime failings more than double in 2025
February 12, 2026
The value of FCA fines for Financial Crime failings has more than doubled in 2025 for the 2nd year in a row. The numbers of
Tag: compliance audits
Why firms shouldn’t skip a general compliance audit — an interview with Neopay’s Margita Layne
June 24, 2025
As regulatory expectations keep rising, payments and e-money businesses are coming under ever greater scrutiny from the FCA. Yearly financial crime and safeguarding audits are
The audits the FCA expects – are you meeting the standard? [infographic]
May 27, 2025
As regulatory expectations continue to rise, many e-money and payments firms are finding themselves under greater scrutiny from the FCA — particularly when it comes
How to make compliance training engaging and audits impactful
October 15, 2024
Training and audits are two pillars of compliance. However, many businesses struggle to engage with these elements in meaningful ways. At Neopay, we’ve identified several
PwC fined £15 million for failing to report suspected fraud at LCF
August 19, 2024
In a landmark case, the Financial Conduct Authority (FCA) has fined PricewaterhouseCoopers LLP (PwC) £15 million for not reporting suspected fraudulent activity involving London Capital
Audits: How to get the best value for money
April 26, 2024
At Neopay, we offer a range of solutions tailored to firms’ needs as they adjust to the changing attitude of the Regulator. All of
Safeguarding: What to expect of a safeguarding review
March 14, 2024
Safeguarding of client funds continues to be a high priority for the Financial Conduct Authority (FCA) in the payments and e-money markets. For the last
How Internal and External Monitoring Drive Regulatory Compliance: An Expert Interview
January 2, 2024
In an exclusive interview with Neopay’s Consultancy Manager, Margita Layne, we delve into the pivotal role of internal and external monitoring in ensuring regulatory compliance
A guide to navigating skilled person reviews
December 6, 2023
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
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