Blog
EWPN fscom event
Payments sector diversity continues to improve, but rebalancing far from finished, Belfast event hears Gender diversity in the UK and Ireland payments sector has improved
With less than a month until the deadline, are you ready to meet the FCA’s anti-greenwashing rule?
Every firm authorised by the Financial Conduct Authority (FCA) has until the end of May to comply with the new anti-greenwashing rule. As that deadline
Planning for your annual CASS Audit
Many UK investment firms that hold and/or control client money and assets must undertake an annual CASS audit as required by the Financial Conduct Authority
Avoiding Common Errors in FCA Authorisation: A Guide for Asset Management Firms
Firms seeking to obtain a license to operate in the asset management sector in the UK must apply for authorisation with the Financial Conduct Authority
FCA publishes finalised guidance on promotions on social media
Celebrities and influencers are regularly seen promoting crypto and digital financial products on social media as part of a financial services company’s wider marketing strategy.
Operational Resilience: How do we address the risks of Critical Third Parties in the UK financial sector?
By David Norton, Senior Manager at fscom The dependence on AWS, Microsoft and other global suppliers by financial services firms, not just in the UK
The Consumer Duty annual reports: reporting to the Board and the Board’s report
By Azariah Nukajam, Associate Director at fscom With less than five months to go before the first set of Consumer Duty annual board reports must,
fscom expands asset and fund management offering with acquisition of FMConsult
fscom (www.fscom.co), the leading governance risk and compliance consultancy, has acquired FMConsult, the risk and compliance solutions provider to asset managers across the UK and
fscom Recognised as FT’s Leading Management Consultants in 2024
fscom, a leading governance, risk and compliance consultancy firm, is proud to announce its inclusion in the Financial Times UK’s Leading Management Consultants ratings for
Key Trends Facing the UK Capital Markets Sector in 2024
At our Q1 2024 Capital Markets Regulatory Outlook event, we heard from fscom’s CEO, Jamie Cooke, on the outlook for the industry and the challenges
Key Trends Facing the Banking Sector in 2024
At our Q1 2024 Banking Regulatory Outlook event, we heard from fscom experts, Rick Seehra, Alison Donnelly and David Norton along with guest speaker, Aris
The key trends shaping the UK payments and e-money sector
What does the regulatory landscape look like for payment and e-money institutions in the UK in 2024? In short, the regulator has imposed a significant
Keeping the funds flowing: how should payment and e-money firms handle prudential risk?
The message from the FCA was clear at fscom’s Payments Regulatory Outlook, as it has been for the previous number of years: keep the money
Navigating ICARA: Key Priorities for Investment Firms in 2024
It has been two years since the Investment Firms Prudential Regime (IFPR) came into force and many firms will have now completed the second iteration
FCA identifies four areas of focus for reducing and preventing financial crime
In this blog, fscom’s Senior Manager, Anna Sweeney summarises the FCA’s recent update on the progress they have made to address its key priority of
Fixing the safeguarding regime to keep the money safe
The message from the FCA was clear at fscom’s Payments Regulatory Outlook, as it has been for the previous number of years: keep the money
fscom partners with Grath to offer enhanced GRC solution
fscom, a premier governance, risk, and compliance consultancy firm to financial service institutions across the UK and Ireland, has partnered with leading regulatory compliance platform
‘Keep the customers’ money safe’ is the top priority for payment and e-money institutions in the UK
The regulator is unlikely to display leniency towards inadequately prepared payments and e-money companies, according to insights shared by fscom at a major industry event
Preparing for the FCA’s Financial Promotions Gateway: Is Your Firm Ready?
Associate Director, Azariah Nukajam discusses the forthcoming deadline which will see a new regulatory gateway through which authorised firms must pass before they can approve
2024 Priorities: PRA’s Dear CEO letter to UK Deposit Takers
Looking at the events of the last year we have seen a bank failure, world shipping disrupted by Houthi rebels and an Icelandic volcano eruption
fscom appoints Nick Owen as Independent Non-Executive Director
FSCom Limited (fscom) a leading governance, risk and compliance consulting firm for UK and Ireland financial services institutions, announces the appointment of Nick Owen as
fscom appoints Rick Seehra as Head of Banking
Leading governance, risk, and compliance consultancy firm, FSCom Limited (fscom) has announced the appointment of Rick Seehra as Head of Banking. With 13 years’ experience
fscom wins big at Compliance Register Platinum Awards
fscom was named ‘Best Consultancy Firm’ in the client-nominated awards, while consultant Heather O’Gorman achieved the ‘Compliance Rising Star’ award and Azariah Nukajam was named
What the Travel Rule means for cryptoasset transfers in the UK
An amendment to the UK Money Laundering Regulations which came into force on 1st September has ushered in additional regulatory requirements for cryptoasset businesses. Firms
Unveiling Key Challenges in Financial Crime Compliance: The Financial Crime Compliance Report 2023
In a world where financial crime is on the rise, staying ahead of the game in anti-money laundering (AML) compliance is paramount for financial services
Qualifying cryptoassets to be brought within the UK financial promotions regime
Head of Investments and Associate Director, Azariah Nukajam discusses the impending deadline which will see cryptoasset firms brought within the UK financial promotions regime, what
What does the Nigel Farage story mean for banks’ requirements to manage PEP risk?
Headlines have been made in recent weeks by the UK bank Coutts Bank’s proposal to exit Nigel Farage as a customer from the bank. Their
The FCA sets out approach to the opportunities and risks of Artificial Intelligence for financial services
In this blog, Senior Manager of the IT and Cyber Risk Team, Will Finn discusses the Financial Conduct Authority’s (FCA) speech on Artificial Intelligence and
FCA CASS Maturity & Resilience: Be confident, not complacent with your CASS capabilities and arrangements
In this blog, fscom’s Senior Manager Julie Tuffrey discusses the crucial role of the CASS regime and how fscom can help firms navigate the complexities
REP018 – Your Key Questions Answered!
In this blog,fscom’s ICT and security expert, Will Finn, takes the time to answer all your key questions in relation to REP018 – the operational and
