FCA’s Financial Crime Conference (May 2026) highlighted “dialling up” controls in high-risk areas and “dialling down” where governance is strong, focusing on AI, data quality, resilience and accountability

Key themes emerging from the FCA Financial Crime Conference included growing discussion around “dialling-up” controls, friction and human oversight where risks increase, while “dialling-down” may become possible where firms can demonstrate strong governance, effectiveness and oversight. Discussions also focused heavily on AI governance, explainability, operational resilience, data quality and increasing board accountability expectations…