Financial Crime
What is terrorist financing in simple terms
Terrorist financing provides funds for terrorist activity. This guide explains how UK law treats it, where the money comes from and how funds are moved.
5 min read22 Aug 2022
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Showing 109–120 of 143 articles
Financial CrimeThe UK Financial Crime Legislation framework
MEMA has produced this financial crime series for firms, to understand the steps they can take to reduce their financial crime risk. It does not include all the financial crime risks a firm may face but provides an understanding of FCA expectations in this complex field.
5 min read12 Aug 2022
Financial CrimeFinancial Crime- Understanding the FCA Handbook rules
MEMA has produced this financial crime series for firms, to understand the steps they can take to reduce their financial crime risk. It does not include all the financial crime risks a firm may face but provides an understanding of FCA expectations in this complex field.
5 min read10 Aug 2022
Financial CrimeWhat are UK sanctions and how to conduct sanctions screening?
Sanctions are normally used by the international community to encourage a change in a target country's or regime's behaviour, apply pressure for compliance with set objectives, enforce international peace and security, or prevent the financing of terrorism.
5 min read9 Aug 2022
AuthorisationPreparing for the TPR Regime
The Temporary Permissions Regime ('TPR') was designed in response to Brexit to ensure that European firms operating in the UK via a passport could continue operating temporarily while they seek full authorisation in the UK.
5 min read7 Aug 2022
EnforcementFCA Final Notices: What They Are and What They Contain
An FCA final notice records the enforcement action the FCA has taken. This guide explains the process, contents, publication rules, penalty discounts and what firms can learn from published notices.
5 min read4 Jul 2022
Consumer CreditWhat Is Credit Broking? FCA Permissions Explained
Credit broking means introducing people to lenders or hirers, or helping them take out regulated credit. This guide explains the FCA permissions, how to apply and the CONC 2.5 conduct rules.
5 min read27 Jun 2022
EnforcementSkilled Person Reviews (Section 166): What Firms Must Know
A section 166 skilled person review is an independent report the FCA requires or commissions, normally at the firm's cost. This guide covers triggers, appointment, SUP 5 duties and how to prepare.
5 min read20 Jun 2022
AuthorisationHow to Write an FCA Business Plan for Authorisation
The FCA expects a specific, tailored regulatory business plan with every authorisation application. This guide walks through the 13 areas of the FCA sample plan, common weaknesses and timing.
5 min read12 Jun 2022
Regulatory ChangeLearn how to conduct Wind Down Planning
The FCA recently completed a thematic review of wind-down processes across a number of business models. The review was aimed at reviewing firms on whether they held the appropriate liquidity, examining intragroup dependencies and wind-down triggers.
5 min read16 May 2022
Financial CrimeHow you can enhance your financial crime controls
The Financial Conduct Authority has released its key findings from its recent review of financial crime controls at several challenger banks. There are quite a few takeaways you can take to actively enhance your systems and controls.
5 min read28 Apr 2022
Regulatory ChangeWhat to take away from the FCA's Business Plan 2022-2023
The FCA's Business Plan for 2022/23 set out its priorities for the 12 months from April 2022.
5 min read25 Apr 2022
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