The Future of Compliance: Reinventing KYC & AML in the UK
The FCA has amplified its enforcement activity and global AML software spending is surging. At the same time, £88 billion is now laundered through the UK annually, reinforcing the need to modernise KYC/AML systems—or risk falling behind and facing reputation damage
Why Compliance Can’t Afford to Ignore AI in 2025
AI isn’t some far-off future tech or hypothetical compliance headache. It’s already woven into the DNA of financial services. From automated KYC checks to behavioural analytics, AI is powering decisions, streamlining workflows, and quietly reshaping how risk is understood and managed.
Top 5 GDPR Compliance Mistakes Businesses Make
The General Data Protection Regulation (GDPR) is a critical data privacy law that affects any business in the world handling personal data of European Union (EU) residents
Navigating DORA: A New Era of Operational Resilience due by Jan 2025
As financial institutions have become dependent on Information and Communication Technology (ICT) for daily operations, ensuring robust operational resilience has become a new area of regulatory focus.
The FCA Tightens the Grip: Stricter Crypto Regulations and Enforcement Actions
As the popularity of cryptoassets continues to rise, so too does the concern over consumer protection and market integrity. Authorities in the UK are increasingly vigilant, taking steps to safeguard consumers and ensure a stable market.
Transforming AI: Labour’s Vision for a New Era
In an era where technological advancements and sustainable development are crucial to economic growth, the new Labour government is said to wish to bring significant changes and drive innovation.
FCA Cracks Down on AML Failures: £3.2 Million in Fines for UK Firms
Is anti-money laundering still catching you out? The anti-money laundering movement has been at the forefront of compliance including battling cyber-crime for years, so why is it still a problem to be solved? The FCA has noted a spike in failures in anti-money laundering that shows complacency from regulated firms in the UK. This is […]
Cybersecurity: New Attack on a Scottish Law Firm
How are cyberattacks evolving alongside technology? Cyberattacks are becoming increasingly troublesome, with technology evolving at an exponential rate, so is cyber crime. It seems that our industry is failing to match that evolution with the level of protection we have against the new threats caused by the development of technology. This makes us vulnerable to […]
Navigating EMIR Refit 2024: changes, challenges, and an upcoming deadline
The EMIR Refit timeline You might be wondering what the European Market Infrastructure Regulation (EMIR) Refit is, and the motivations behind it? Regulation (EU) No 2019/834 of the European Parliament and of the Council of May 20, 2019, is what we know as “EMIR Refit”, which was initially put forward with the intention of streamlining […]
Navigating the Maze: What Crypto Firms Should Consider to Be Compliant with the New Financial Promotion Regime.
Over the past year, the UK’s crypto landscape has changed! The Financial Conduct Authority (FCA) implemented more rigorous financial promotion rules for cryptoassets, effective as of October 2023. Further from February 2024 the new legislation for the Financial Promotions Gateway Regime came fully into force.
