The FCA found that while most MIFIDPRU firms report reliably, key gaps, such as ICARA inconsistencies, misclassification, and OFTR errors still require urgent improvement.
Maya Braine, Managing Director and Head of Financial Crime, attended UK Finance’s Economic Crime Congress, where leaders across sectors highlighted fraud, data-sharing, and cross-industry collaboration as the key drivers shaping the UK’s economic crime response for 2025–2026.
The Autumn Budget tightens the screws on high-street money laundering with stronger enforcement, a revamped Economic Crime Levy, and rising expectations for firms’ AML vigilance.
We outline the nine crucial elements of preparing for a financial crime audit, with a link to a checklist for you to use in the lead up to your audit.
Our takeaways from Financial Crime 360 2025.
The FCA will become the single AML supervisor for professional services. Maya Braine explains what this means for firms.