Most regulated firms understand the importance of risk assessments. Business-Wide Risk Assessments (BWRAs) and Customer Risk Assessments (CRAs) are well-established parts of a firm’s financial
The Financial Conduct Authority (FCA) has released its latest review of firms’ sanctions systems and controls, identifying common weaknesses across the financial services sector. Since
AML fines often dominate headlines, with regulators across the globe issuing increasingly large penalties for failures in financial crime controls. But while these figures attract
The value of FCA fines for Financial Crime failings has more than doubled in 2025 for the 2nd year in a row. The numbers of
For many organisations, AML and financial crime training is something that simply must be done. It’s mandatory, often repetitive, and too often focused on theory
With year-end approaching, autumn is a natural time for payments and e-money firms to evaluate their compliance priorities, review frameworks, and prepare for upcoming regulatory
The FCA’s recent speech at PIMFA’s 2025 Compliance Conference focused heavily on investment and advice sectors — but beneath the surface, its key messages carry
In today’s fast-changing regulatory world, AI is a major topic in compliance, and it’s easy to see why. Machine learning and automation help analyse large
Fraud is still one of the biggest challenges to the UK’s financial system, with more than £1 billion being taken through payment fraud in 2024
As regulatory expectations continue to rise, many e-money and payments firms are finding themselves under greater scrutiny from the FCA — particularly when it comes