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FCA publishes its Business Plan 2024/25 highlighting some of the challenges to the UK’s economic and geopolitical landscape

by AdrianaAMLP | Mar 19, 2024

FCA publishes the Business Plan 2024/25 highlighting some of the challenges to the UK’s economic and geopolitical landscape. The areas of focus will include protecting consumers, ensuring market integrity, promoting effective competition, embedding our secondary...

FCA successfully convicts a money launderer who violated regulations by operating an unauthorised investment scheme

by Jyotsna Bucktowar | Mar 15, 2024

From 2008 to 2011, Mr Walker helped to source land and undertook conveyancing, registration and consultancy services for plots of land being sold as part of an unauthorised collective investment scheme. This scheme ultimately defrauded consumers of over £4.25 million;...

FCA sends ‘Dear CEO letter’ to Annex 1 firms to complete a financial crime gap analysis over ML failings

by AdrianaAMLP | Mar 11, 2024

The FCA is asking Annex 1 Firms to carry out a gap analysis against the failings it has identified in the market, and to take immediate steps to close any identified gaps, with the implication being that the FCA will carry out further reviews to assess how firms have...

FCA consults on proposals for a new approach to enforcement investigations and intends to unveil firms that are under investigations

by AdrianaAMLP | Mar 9, 2024

FCA is looking to publicise its enforcement process to increase transparency and is seeking views on how to proceed with this.  

FCA updates position on cryptoasset Exchange Traded Notes for professional investors

by Jyotsna Bucktowar | Mar 5, 2024

The FCA continues to remind people that cryptoassets are high risk and largely unregulated. Those who invest should be prepared to lose all their money. The FCA is collaborating with government, international partners and industry to develop the UK’s cryptoasset...
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Recent Posts

  • EBA launches a consultation to simplify EU Supervisory reporting by cutting requirements by around 50% and reducing duplication and streamlining data requirements
  • NCA’s UKFIU SARs Reporter Booklet (Mar 26) reveals large-scale fraud and ML schemes, including £2.4M VAT frauds, £600k+ asset freezes, and complex organised crime networks 
  • FinCEN proposes a rule to fundamentally reform AML/CFT programs under the Bank Secrecy Act, shifting from “check-the-box” compliance to risk-based, effectiveness-focused outcomes
  • AUSTRAC finalises AML/CTF transitional and amendment rules, setting clear timelines for CDD, travel rule for payment transparency, and VASP obligations to help businesses strengthen ML/TF controls
  • OECD’s Consumer Finance Risk Monitor 2026 report flags rising FC risks from AI impersonation, phishing, investment and crypto fraud, with 85% of jurisdictions citing scams as the top risk

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