Implementing the Consumer Duty in payment firms – A letter from the FCA
February 23, 2023
With only five months before the Consumer Duty comes into force, the FCA has issued a letter to payment firms about the need for them
Tag: Compliance
Has your business started planning for the Consumer Duty?
February 3, 2023
The FCA highlights focus areas for firms in implementing the Consumer Duty With only 6 months till the implementation deadline for the Consumer Duty regulation,
How are you responding to a more proactive FCA?
November 25, 2022
With the FCA becoming more proactive, it is essential that e-money and payments firms also take a more proactive approach to their regulatory compliance, to
Latest FCA Authorisation Granted to E-money Firm
November 24, 2022
Neopay has supported another e-money client to achieve authorisation from the FCA. Although the process is taking longer, particularly for e-money and payments firms, authorisations
The latest Consumer Duty updates and what they mean for your business
November 21, 2022
Consumer Duty – latest upates On 16 November 2022, Nikhil Rathi, the FCA’s Chief Executive, gave a speech at the UK Finance Annual Dinner on
Bank fined £1.5m for poor AML framework, systems and controls
October 19, 2022
London-based challenger bank Gatehouse has been handed a £1.5m fine from the Financial Conduct Authority (FCA) over a failure to conduct proper anti-money laundering checks.
US Prepaid and Debit Card Industry in 2022 [Infographic]
October 18, 2022
The prepaid debit and credit card industry has been steadily growing over the past few years with more businesses getting involved in the prepaid market
How to succeed with the new FCA Approach
October 5, 2022
The FCA’s reputation has taken a serious hit in the last few years with scandals, backlogs, low employee morale and even strike action. This, coupled
How to Succeed in the New FCA Era
September 21, 2022
The FCA’s reputation has taken a serious hit in the last few years with scandals, backlogs, low employee morale and even strike action. Its response
The challenges of AML in 2022
September 12, 2022
Anti-money laundering (AML), is at the heart of a lot of compliance regulations issues for firms to face. A lot of financial authorities, like the