Business Issue
A bank engaged fscom to strengthen its Financial Crime infrastructure in response to immediate concerns raised by the Financial Conduct Authority (FCA), while also ensuring long-term Business-As-Usual (BAU) compliance. The bank required a tailored solution that addressed both strategic and operational regulatory requirements.
Solution
fscom carried out a comprehensive assessment, including a review of past FCA findings. Based on this analysis, we developed and delivered a robust, customised financial crime framework with clear, practical recommendations. The framework offered maximum oversight and provided expert guidance to support key personnel in understanding and meeting their regulatory obligations.
Benefits
The new framework delivered clarity, structure, and assurance, covering both the strategic direction and day-to-day operations of the bank’s financial crime controls. As a result, the client was better positioned to meet regulatory expectations and maintain a strong internal compliance posture.
Client
Feedback
The client praised fscom’s depth of regulatory knowledge and valued the breadth and relevance of the updated framework. They highlighted the confidence it gave their team in navigating regulatory challenges and commended the comprehensive approach covering both strategic and operational needs.
