In a landmark case, the Financial Conduct Authority (FCA) has fined PricewaterhouseCoopers LLP (PwC) £15 million for not reporting suspected fraudulent activity involving London Capital
The Financial Conduct Authority (FCA) and the Payment Systems Regulator (PSR) have jointly issued a Call for Information to gather insights on the impact of
Safeguarding training is crucial for ensuring that all personnel within a firm understand their roles and responsibilities in protecting clients’ funds and personal data. Effective
The Financial Conduct Authority (FCA) has launched a comprehensive review aimed at streamlining regulations to reduce burdens on businesses and foster economic growth. This initiative
As the deadline for Consumer Duty board reports on 31st July 2024, approaches, many firms are grappling with several common challenges. From defining desired customer
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