The UK government’s 2025 National Risk Assessment (NRA) has arrived, offering critical updates on money laundering and terrorist financing risks since the last assessment in 2020. This is the first NRA in...
Digital Finance Newsletter July 2025 Welcome to the latest edition of our compliance newsletter. The eagle eyed among you will have noticed that we have had a change of name since the...
New rule under COCON The Financial Conduct Authority (FCA) is introducing a new rule under the Code of Conduct (COCON) to explicitly address non-financial misconduct (NFM), such as bullying, harassment, and violence,...
In 2024–25, the Financial Conduct Authority (FCA) conducted a thematic review of 14 e-money and payment firms, assessing their frameworks for enterprise and liquidity risk, as well as their preparedness for an...
The latest UK Finance Annual Fraud Report offers a detailed view of the evolving fraud environment that directly affect payment service providers (PSPs). In 2024, the UK saw a record-breaking 3.31 million...
Managing conflicts of interest, is something no one (other than complete reprobates) objects to in principle. However, it is something that can be tricky to navigate in practice. For FCA regulated firms...
“Something old, something new”: this traditional wedding phrase mirrors HM Treasury’s approach to cryptoasset regulation. On 29 April, the HMT released draft rules proposing that cryptoassets be regulated under the Financial Services...
Last year, the Financial Conduct Authority (FCA) announced that it was conducting a review of how firms treat customers in vulnerable circumstances. It also took the opportunity to consider whether its existing...