The Financial Conduct Authority (FCA) has recently initiated criminal proceedings against four individuals on charges of fraud, carrying out regulated activity without authorisation, money laundering,
In its recently released Business Plan 2023/24, the Financial Conduct Authority (FCA) has outlined its ambitious programme for the next 12 months, which is designed
On 30 March 2023, the FCA held a webinar discussing their expectations for firms regarding the implementation of the Consumer Duty, which is set to
The Temporary Permissions Regime (TPR) is scheduled to conclude on 31 December 2023. To obtain full authorisation in the UK, firms were required to apply
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,