Seven Compliance News

Recent AML fines issued to two financial firms illustrate that financial crime compliance remains central to the FCA’s enforcement agenda. The fines add weight to ...

The FCA has also decided to fine Metro Bank’s former Chief Executive Craig Donaldson and former Chief Financial Officer David Arden £223,100 and £134,600, ...

The UK Financial Conduct Authority (FCA) has fined BGC Brokers LP, GFI Brokers Limited and GFI Securities Limited (together, BGC/GFI) £4,775,200 for failing to ...

Is your Firm ready for the new Consumer Principles coming into force in July 2023? Firms are expected to have planned procedures already in place now. Contact us for ...

Article by Chris Rowe, Financial Technology Consultancy Services Ltd, September 20, 2022 2:07 pm “Compliance is becoming an increasingly more important part of ...

The FCA seems to be looking at the more subtle hints that suggest there may be something of interest to them in regulated firms. One of these is turnover of staff in ...

Update for Firms under IFPR The FCA is now writing to firms and requesting information to decide the appropriate reporting schedule for each firm under Investment ...

Alternative Investment Funds The fund space is embracing new opportunities providing investors with exciting alternative investment funds (AIFs)*. Compliance, Tech ...

From January 2022 the new IFPR – Investment Firms Prudential Regime changes come into force and with that new capital and risk calculations. These new calculation ...

Charles Randall the Chair of the Financial Conduct Authority took the opportunity of a speech to the Cambridge International Symposium on Economic Crime on Sept 6th ...

Diversity and inclusion in the financial sector – working together to drive change (DP21/2) The FCA has published a discussion paper seeking views on ideas to ...

Operational resilience: preparing for the switch from analogue to digital phone lines The current analogue phone network will be switched off across the UK at the ...