MEMA Insights

Insights & analysisfor compliance leaders

Clear, practical commentary on FCA regulation, enforcement and sector change, for the people who have to act on it.

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Latest insights

Showing 133–143 of 143 articles

Payments & Crypto
Understanding virtual asset service providers
Virtual asset service providers have been defined as a new financial sector facing significant money laundering and terrorist financing risks.
5 min read15 May 2021
Financial Crime
Estate agency guidance for money laundering supervision- Part 1
If you are supervised by the HMRC for anti-money laundering purposes, you will need to meet requirements under the Money Laundering, Terrorist Financing, and Transfer of Funds (Information on the Payer) Regulations 2017.
5 min read2 May 2021
Consumer Credit
Claims Management Companies and High Cost Lenders
In a recent post, the FCA has released its views urging Claims Management Companies and High Cost Lenders to work better together
5 min read11 Apr 2021
Consumer Credit
Deconstructing the Dear CEO Letter
On 26 October 2020, the FCA issued its warning to CMC firms regarding their steps taken to fully investigate the merits of each potential claim before pursuing it.
5 min read11 Apr 2021
Payments & Crypto
FCA Crypto Requirements: The UK Regime From October 2027
UK crypto firms face FSMA authorisation from 25 October 2027. The FCA gateway opened on 30 September 2026 and closes on 28 February 2027. This guide covers the activities, rules and steps to prepare.
5 min read11 Apr 2021
Authorisation
FCA Threshold Conditions
Firms that apply for FCA authorisation have to meet the Financial Conduct Authority's minimum standards to become authorised – known as the “Threshold Conditions”.
5 min read11 Apr 2021
Governance & SM&CR
Notification for FCA Directory Persons
Have you completed your FCA Directory Persons? If you have not heard or are wondering, by 31 March 2021, the FCA is proposing that solo regulated firms (you) must submit their Directory Persons data via Connect.
5 min read11 Apr 2021
Authorisation
FCA Financial Projections: What to Submit for Authorisation
The FCA requires forecast income, balance sheet and cash flow statements from every applicant. This guide covers templates, the 12-month versus three-year question, capital adequacy and common mistakes.
5 min read11 Apr 2021
Regulatory Change
Preparing for your annual FCA Reporting Requirements
What the FCA's annual regulatory return reminder means for claims management firms: why the returns matter, when they are due, how to complete them and practical tips for getting them right.
5 min read11 Apr 2021
Governance & SM&CR
Understanding the FCA Culture and Governance requirements
The financial crisis placed banks under the public spotlight; the investigation into some of the practices revealed behaviours that caused public indignation, and Payment Protection Insurance (PPI) is but one example.
5 min read11 Apr 2021
Regulatory Change
Understanding the FCA thematic review (part1)
The Financial Conduct Authority carries out regular ‘thematic reviews’ into areas requiring further review by firms in the financial services industry.
5 min read11 Apr 2021