Safeguarding: What to expect of a safeguarding review
March 14, 2024
Safeguarding of client funds continues to be a high priority for the Financial Conduct Authority (FCA) in the payments and e-money markets. For the last
Tag: FCA
FCA issues warning to firms over AML failings
March 7, 2024
In a recent move, the Financial Conduct Authority (FCA) has taken a significant step in addressing the prevalent anti-money laundering (AML) shortcomings among Annex 1
FCA’s move to faster and more transparent enforcement
March 4, 2024
In a recent announcement, the Financial Conduct Authority (FCA) unveiled plans to overhaul its enforcement approach, opting for a faster and more transparent process. Among
Enhancing consumer protection: FCA’s Consumer Duty survey findings
February 29, 2024
Recently, the Financial Conduct Authority (FCA) released its Consumer Duty firm survey findings for Autumn 2023, shedding light on the progress made by firms in
FCA faces challenges due to crypto skills shortage
December 18, 2023
In a recent report by the National Audit Office (NAO), it has been revealed that the Financial Conduct Authority (FCA) struggled to meet its timelines
A guide to navigating skilled person reviews
December 6, 2023
The Financial Conduct Authority (FCA) employs skilled person reviews, also known as Section 166 reviews, to assess and rectify concerns within financial institutions. Recent data
Safeguarding: Is your firm compliant?
November 21, 2023
With the Financial Conduct Authority (FCA) paying more and more attention to firms safeguarding arrangements to ensure customer funds are sufficiently protected, many firms are
FCA’s Deadline for Reg Data Platform Registration
November 14, 2023
As part of the Government’s initiative to combat economic crime, the Financial Conduct Authority (FCA) is reaching out to firms via email to ensure their
FCA review: firms must strengthen anti-fraud measures and victim support
November 8, 2023
With digital transactions increasingly becoming the norm, the importance of safeguarding consumers against fraud has never been more critical. Recognising the ever-growing threat of fraud,
Consumer Duty: Not once and done
November 2, 2023
In a recent speech on 1st November, Nisha Arora, Director of Cross Cutting Policy and Strategy at the FCA, highlighted the ongoing commitment and challenges