What’s on our mind.
FCA publish REP-CRIM data
The FCA have published a summary of REP-CRIM data over the last few years.
Pandora Papers: don’t get lost in the detail
Pandora Papers: We recommend being on the front foot with your response, but also being sensible and pragmatic. There’s a lot of data in this leak and it will be easy to get distracted.
Proliferation finance risk assessment fails to assess risk: but is there value buried in the noise?
We recommend firms review the risk assessment and utilise the contents to further their own understanding of risk and in turn enhance their own systems and controls.
How many of these six FCA expectations for trade finance are you failing on?
How many of these six FCA expectations for trade finance are you failing on?
The Bribery Act and financial services firms: 10 years on
July 2021 marked the 10-year anniversary of the UK Bribery Act (the Act) coming into force. There has been no shortage of commentary on the number of enforcements in the last decade (99 if you are just interested in the stats). But what has actually happened in the financial services/regulated sector in that time?