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.
