AML fines often dominate headlines, with regulators across the globe issuing increasingly large penalties for failures in financial crime controls. But while these figures attract
The Financial Conduct Authority (FCA) has published a speech by Jonathan Pearson outlining progress made in the second year of Consumer Duty Board reporting, alongside
For many organisations, AML and financial crime training is something that simply must be done. It’s mandatory, often repetitive, and too often focused on theory
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
As the Financial Conduct Authority (FCA) has proposed significant changes to the e-money and payment companies’ safeguarding regime, there are fears among many firms about
The UK’s Financial Conduct Authority (FCA) significantly increased its supervisory activity on firms’ anti money laundering and terrorist financing (AML/CTF) controls in the 2023-24 reporting
The UK Government has announced plans to integrate the Payment Systems Regulator (PSR) into the Financial Conduct Authority (FCA) as part of its ‘Plan for
The Financial Conduct Authority (FCA) has recently announced that it will not proceed with its proposal to publicly name firms under investigation. This decision comes
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 Financial Conduct Authority (FCA) is set to launch My FCA in spring 2025, a new online portal designed to streamline regulatory reporting and access