FCA’s expectation for Heads of Compliance and MLROs
February 23, 2022
One of the most important roles in a registered firm is that of the Head of Compliance and MLRO. The FCA’s expectation of this role
Tag: FCA
FCA Trends: Focus on Data
January 24, 2022
Jessica Rusu, Chief, Data, Information and Intelligence Officer of the FCA, recently gave a speech in which she laid out what some of the latest
FCA Plans to Tighten Appointed Representatives Legislation
December 22, 2021
The FCA is making plans to tighten up their appointed representatives (AR) legislation following the publication of a consultation paper. Such changes would bring a
FCA Trends: Section 166 Audits
November 2, 2021
Discussions within the market indicate that the FCA are requesting an increasing number of Section 166 audits for firms within the e-money and payments sectors.
FCA Trends: Growing Focus on Culture for FCA Regulated Firms
October 19, 2021
In the past, the FCA’s interest in organizational culture has largely been focused on preventing regulatory breaches, such as fraud and money laundering. However, there
FCA lays out future challenges and priorities
October 8, 2021
Nikhil Rathi, CEO of the Financial Conduct Authority (FCA), laid out the future challenges and priorities the financial regulator would face. In a speech given
The Importance Of An EU License Post Brexit
September 23, 2021
Regardless of your opinion on Brexit, many can agree that the withdrawal of the UK from the EU has triggered a lot of changes. While
FCA issues fresh warning on ‘pump and dump’ crypto scams
September 20, 2021
The Financial Conduct Authority (FCA), the UK’s financial regulator, has had to issue a new warning about some of the dangers of investing in cryptocurrency
Monzo is being investigated by FCA over potential financial crime
August 18, 2021
According to recent reports, the Financial Conduct Authority (FCA) is currently investigating a British digital bank for a potential breach of financial rules. Monzo has
The FCA issues warning to banks over financial crime and AML failings
July 16, 2021
In a recent letter, the Financial Conduct Authority has warned retail banks about continuing weaknesses and failings surrounding their financial crime systems and controls. In