News
Second UK Economic Crime Bill
09 November 2022
When the UK government pushed the Economic Crime (Transparency and Enforcement) Act through Parliament at breakneck speed earlier this year, it always made clear that it had plans for a...
Publications
News
Market abuse surveillance: How to get it right
27 June 2022
Identifying and reporting instances of potential market abuse is required under the Market Abuse Regulation ('MAR'). A firm must have effective arrangements, systems and...
News
Anti-money laundering: new guidance on adverse/negative news screening
20 May 2022
The Wolfsberg Group published has useful FAQs on Negative News Screening which provides welcome regulatory guidance in this area.
Insights and Analysis
Focusing on enforcement - insights from the FCA's Strategy 2022-25 and Business Plan 2022-23
Registered Content
20 May 2022
Last month, the Financial Conduct Authority (FCA) published its Strategy 2022 to 2025, in which it set out its vision and ambitions for the next three years, together with its Business Plan ...
News
The UK Government provides an update on the Register of Overseas Entities
12 May 2022
In March of this year, Parliament fast-tracked the Economic Crime (Transparency and Enforcement) Act in response to Russia’s invasion of Ukraine. The Act received royal assent on 15...
News
FCA’s review into challenger banks uncovers deficiencies in financial crime controls
28 April 2022
In recent years, the financial services industry has seen an exponential growth in the popularity of challenger banks in the UK. Digitally-driven, technologically innovative and efficient...
News
FCA sets out approach to AML crypto supervision
10 March 2020
A Director of Enforcement at the Financial Conduct Authority (FCA) has set out some of the key challenges the regulator expects in its new role as AML/CTF (anti-money...
Insights and Analysis
FCA sets out registration and annual fees for crypto businesses
Registered Content
30 October 2019
From 10 January 2020, the Financial Conduct Authority will be the anti-money laundering and counter terrorist financing supervisor for cryptoassets businesses. As such, the regulator has...
Insights and Analysis
Anti-Money Laundering in the UK & US: Looking Ahead
Registered Content
30 September 2019
AML enforcement is high on the agenda of UK agencies and regulators. The FCA has again highlighted AML as one of its cross-sector priorities for this year. It has at least 60 ongoing AML...
