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UK FCA Finds Gaps in Financial Crime Controls in Corporate Finance Firms

Corporate finance firms (“CFFs”) are vital to the growth and success of the UK economy. They help businesses raise money by connecting them with investors or lenders. The nature of their business means that it is essential...more

Financial Crime: UK FCA Shares Findings From Review of Firms’ Risk Assessment Processes and Controls

As part of its wider financial crime supervisory work in support of its 2025–30 strategy, the FCA has published the findings from its multi-firm review of firms' business-wide risk assessment (BWRA) and customer risk...more

PEP talk: The UK FCA issues final guidance on the treatment of politically exposed persons

The Financial Conduct Authority (“the FCA”) has published final guidance on the treatment of politically exposed persons (PEPs) for anti-money laundering purposes, which updates its Guidance issued in 2017 (“the 2017...more

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