Attention UK firms: Kenya and Namibia Designated as Higher Risk by FATF
The Financial Action Task Force (FATF) has revised its list of jurisdictions under increased monitoring. Stay informed and compliant with our latest updates Two new jurisdictions are subject to increased […]
Navigating HMRC AML Registration: Not a one-off exercise
Firms need to be supervised by the HMRC for AML registration if they carry out activities that are covered by the Money Laundering Regulations and they are not already […]
Unlocking Compliance Resourcing Solutions: How Complyport Eases Regulatory Burdens
In today’s rapidly evolving regulatory landscape, staying compliant is a key necessity for businesses across industries. However, finding the right talent with the expertise and experience to navigate these […]
Proactively engage with and manage your cybersecurity risks with SOC2
SOC 2 is a security and compliance standard that offers guidelines for service organisations to protect sensitive data from unauthorised access, security incidents, and other vulnerabilities. Part of the […]
FCA’s Call to Action: Strengthening Financial Crime Prevention by September 2024
FCA Dear CEO Letter Urges Annex 1 Firms to Address Financial Crime Weaknesses by September 2024 In its Dear CEO letter published Tuesday 5th March 2024, the Financial Conduct […]
The Consumer Duty – Is Your Programme Fit For Purpose?
Recently the FCA has provided feedback regarding the first 6 months of Consumer Duty (“the Duty”) implementation. This has been given through both a speech, delivered by Sheldon Mills, and […]
Pass Your FCA Senior Management Function Interview: A Guide
Receiving approval from the Financial Conduct Authority (FCA) to take on a Senior Management Function (SMF) at a regulated firm is a major career milestone. However, candidates can’t simply walk […]
Prudential Framework Updates from the FCA and PRA
In November 2023 the FCA and PRA published consultation papers reviewing proposed changes to the future prudential expectations of firms. The main objective of these changes is to advance the […]
The Regulatory Gateway for Financial Promotions is Here
The Financial Services and Markets Act 2023 (FSMA 2023) introduces a new regulatory mechanism, the Regulatory Gateway, for the endorsement of financial promotions by unauthorised firms. FSMA 2023 modifies section […]
Navigating KYC Challenges in 2024: Insights from the Q&A Session
In our recent webinar “KYC: Challenges and Best Practices for 2024“, we brought together industry experts to discuss the evolving landscape of Know Your Customer (KYC) processes. The following Q&A […]