Skip to content

News

The audits the FCA expects – are you meeting the standard? [infographic]

FCA
Facebook
Twitter
LinkedIn

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 to audits.

The FCA expects regulated firms to conduct annual audits in two key areas:

  • Financial Crime Audit
  • Safeguarding Audit

These audits aren’t just formalities — they’re essential for identifying risk, protecting customer funds, and demonstrating that your business is operating in line with regulatory requirements.

In addition to these, Neopay also offers Compliance and Regulatory Audits. While not mandated by the FCA, these audits are a valuable internal tool for gaining a comprehensive view of your systems and controls. Many of our Virtual Compliance Service clients use them to supplement their ongoing monitoring and oversight frameworks.

At Neopay, we deliver independent, practical audits designed to give you clarity, strengthen your frameworks, and help you stay ahead of regulatory expectations.

Scroll down to view the full infographic — and if you’re unsure whether you’re meeting audit expectations, get in touch with our team.

 

Facebook
Twitter
LinkedIn

Related Posts

Safeguarding audit guide for UK payment and e-money firms

What Do Auditors Look for During a Safeguarding Audit?

A safeguarding audit looks at whether a payment or e-money firm’s arrangements are designed and operating effectively to protect relevant customer funds and comply with the FCA’s safeguarding requirements. Auditors
Read More >
FCA crypto authorisation and UK cryptoasset regulation

FCA Opens Applications for New UK Cryptoasset Regime

FCA crypto authorisation applications are now open, marking a significant step towards the introduction of the UK’s new regulatory regime for cryptoasset firms. The Financial Conduct Authority (FCA) has officially
Read More >