Combatting financial crime continues to be a key supervisory and enforcement priority for the FCA. The importance of this area was reiterated by the FCA’s February 2024 newsletter - Market Watch 77 - which sets out...more
The UK Financial Conduct Authority (FCA) launched in September a review of the treatment of domestic politically exposed persons (PEPs) by UK-regulated financial services firms. This review will look at firms’ arrangements...more
Chartered accountants are accustomed to continuous oversight of their work by regulators. While regulatory supervision can often be a collaborative process, it does sometimes culminate in individual accountants and firms...more
6/7/2023
/ Accountants ,
Anti-Money Laundering ,
Auditors ,
Enforcement Authority ,
Financial Conduct Authority (FCA) ,
Financial Crimes ,
Financial Reporting Council (FRC) ,
Government Investigations ,
Investigations ,
Regulatory Reform ,
Statutory Penalties ,
Supervision ,
UK
The Financial Conduct Authority’s (FCA) 2023/24 Business Plan (Business Plan) sets out the FCA’s aim to be viewed as a proactive, assertive and robust regulator, especially in its protection of retail consumers.
Released...more