CB Payments Limited (CBPL), a subsidiary of the globally recognised cryptoasset trading platform Coinbase, has been fined £3,503,546 by the Financial Conduct Authority (FCA) for
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,
In recent years, the process of obtaining authorisation from the Financial Conduct Authority (FCA) has become increasingly stringent. The FCA’s Transformation Programme, initiated back in
The Financial Conduct Authority (FCA) significantly increased its anti-money laundering (AML) and counter-terrorist financing (CTF) supervision activity in 2022-23. During this period, the FCA employed
Are you considering applying for authorisation from the Financial Conduct Authority (FCA) for your firm? If so, you’re stepping into a thorough process that demands
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