The FCA review on challenger banks – key takeaways
April 28, 2022
An FCA-conducted review has found that challenger banks will need to improve the ways in which they tackle financial crime risk, even as they gain
Tag: Compliance
The FCA implements a 3-year strategy
April 20, 2022
The Financial Conduct Authority (FCA), in its ongoing mission to enforce regulation that protects consumers and small firms in financial markets in the UK, has
5 Challenges Businesses Face When Complying to Regulations
March 31, 2022
Businesses face challenges all the time. There is always something new that needs to be handled. As the business evolves, the industry and the wider
What are the 8 elements of a compliance program?
March 7, 2022
Any business will need a compliance program. They help run an effective and ethical business. They are necessary to handle any ethical issues that might
Do You Have an FCA Compliance Monitoring Plan?
February 7, 2022
As regulatory compliance requirements continue to multiply at a seemingly unstoppable pace, businesses have been forced to keep up with ongoing changes and respond by
FCA Trends: Focus on Data
January 24, 2022
Jessica Rusu, Chief, Data, Information and Intelligence Officer of the FCA, recently gave a speech in which she laid out what some of the latest
How to make your compliance program more effective
January 20, 2022
It can be difficult to juggle a wide range of laws and regulations relating to your chosen industry or sector but with an effective compliance
FCA Plans to Tighten Appointed Representatives Legislation
December 22, 2021
The FCA is making plans to tighten up their appointed representatives (AR) legislation following the publication of a consultation paper. Such changes would bring a
Our Guide To Cutting The Cost Of AML Compliance
November 17, 2021
As financial regulators continue to increase AML regulations, the cost of remaining compliant is getting higher. According to the experts, these AML compliance costs are
Binance ‘Not Capable’ of Supervision in the UK According to FCA
September 7, 2021
Britain’s market regulator, the FCA, has cracked down on a cryptocurrency firm after discovering that it was ‘not capable’ of supervising the organisation in the