The FCA’s annual financial crime reporting obligation (REP-CRIM) is designed to inform the regulator about the overall status of your financial crime related activities. The
The Financial Conduct Authority (FCA) has issued a new “Dear CEO” letter to payment firms in the UK. The FCA “remain[s] concerned” that many payment
The FCA has launched their Consumer Duty survey to understand the progress firms are making in implementing the Duty. The survey, which will be carried
Although the final Consumer Duty deadline is July, there has been some key milestones, including an interim deadline of 30th April 2023 when firms need
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
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,
The FCA held discussions with regulated firms across different industries since they published the final Consumer Duty rules in July 2022. The watchdog identified a
The FCA updated their Consumer Duty page to include additional content on some of the key topics they have been receiving queries on. These include
The number of fines issued by the Financial Conduct Authority more than doubled last year, with 26 fines issued in 2022 compared with just 10
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