Banks are sitting on a trove of unexploited data for predicting consumer behaviour to meet new consumer protection standards.
Latest articles from Compliance
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UK crypto asset firms on short timeline to observe new rules
June 20, 2023The FCA’s crypto asset marketing rules are approaching their final state, but firms have been given a matter of months to comply.
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PRA raises the bar on model risk management
May 31, 2023The UK’s Prudential Regulation Authority has published detailed principles for banks to follow on managing their model risk.
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The Quincecare duty: 35 years on, the debate has only just begun
February 3, 2023The anti-fraud duty has gained recent prominence as upcoming legal challenges threaten to increase banks’ responsibilities in the context of increasingly sophisticated fraud.
![A hessian bag with "AML" inscribed on its front, a hand holding a magnifying glass, a model of a bank facade, and coins scattered on a desk. A hessian bag with "AML" inscribed on its front, a hand holding a magnifying glass, a model of a bank facade, and coins scattered on a desk.](/var/ezflow_site/storage/images/media/images/aml-swag-bag/12606153-1-eng-GB/AML-swag-bag_ftfdi_small.jpg)
Five key takeaways from the FCA’s AML crackdown in 2023
January 27, 2023With AML compliance at the top of the FCA’s enforcement agenda for this year, we highlight important focus points for banks and other regulated firms operating in the UK.
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Wholesale firms prepare for the FCA’s new Consumer Duty
October 18, 2022The Financial Conduct Authority expects the Consumer Duty to lead to a major shift in financial services. Wholesale firms will need to ensure they are ready to implement the changes required to comply.
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What to look out for in the FCA’s improved representatives regime
September 16, 2022The UK’s financial watchdog is introducing new rules to its appointed representatives regime amid consumer-harm concerns.
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Banks too must prepare for the flood
September 12, 2022As climate change threatens increased risk of floods, banks and insurers have a responsibility to galvanise their insurance policies.