FCA Executive Director Steve Smart outlines new FC measures at 1LoD Financial Crime Summit, including an AML Synthetic Data sprint, NCA collaboration, action on rogue ‘finfluencers,’ and a RBA

In his speech at the Financial Crime Forum in London, Steve Smart emphasized a proactive, system-wide approach to combating financial crime through stronger enforcement, enhanced detection, and technological innovation. He highlighted the importance of cross-sector collaboration, public-private partnerships, and regulatory measures such as mandatory reimbursement for APP scams to strengthen the UK’s financial crime resilience…