As regulatory compliance continues to become more complex, having a robust monitoring plan in place is more important than ever. To help us understand why,
As regulatory requirements have increased over recent years, the pressure between compliance and sales is causing problems for many firms. Compliance can be seen by
Safeguarding training is crucial for ensuring that all personnel within a firm understand their roles and responsibilities in protecting clients’ funds and personal data. Effective
As the deadline for Consumer Duty board reports on 31st July 2024, approaches, many firms are grappling with several common challenges. From defining desired customer
The Financial Conduct Authority (FCA) has instructed financial firms, including banks, payment firms, and lenders, to enhance their treatment of parliamentarians, senior public servants, and
With the change in the anti-money laundering (AML) supervisory approach of the Financial Conduct Authority (FCA), many firms are nervous about whether they will face
As the one-year mark of the Consumer Duty’s implementation approaches, firms are reminded that the first board reports on Consumer Duty implementation and outcomes are
The Financial Conduct Authority (FCA) recently published the results of a multi-firm review focusing on outcomes monitoring under the Consumer Duty. This review, which analysed
The FCA is focusing on improving its authorisation processes. Taking steps to overcome some of the problems firms have experienced in the last few years,
The Financial Conduct Authority (FCA) is proposing significant updates to its Financial Crime Guide. These updates are particularly focused on three key areas: sanctions, proliferation