The Financial Conduct Authority (FCA) continues its commitment to guiding firms on embedding the Consumer Duty by publishing two insightful reports. These documents highlight both
The Financial Conduct Authority (FCA) has issued important updates to its Financial Crime Guide, following a public consultation on proposed changes. These revisions are aimed
Those of you who were in the payments space pre-COVID, might remember my industry talks about ‘Why the World Needs Money Laundering’. The world has
The UK’s financial ecosystem is evolving rapidly, and with it comes the need for robust safeguarding measures to protect consumer funds. The Financial Conduct Authority
The Financial Conduct Authority (FCA) recently levied a substantial £16,675,200 fine against Metro Bank PLC (Metro) for significant shortcomings in its financial crime prevention systems
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
The Financial Conduct Authority (FCA) recently published the findings from its review of how payment firms have implemented the Consumer Duty (the Duty), which came
The Financial Conduct Authority (FCA) has issued two significant “Dear CEO” letters, marking the implementation of the new requirements for reimbursing victims of Authorised Push
The recent £29 million fine imposed on Starling Bank by the Financial Conduct Authority (FCA) for financial crime failings offers important lessons for businesses in
The Financial Conduct Authority (FCA) has published its Annual Report, outlining key improvements that it hopes will enhance the regulatory environment and promote economic growth.