Blog
All you need to know about MiCA and the licence application
If you’re a cryptoasset service provider (CASP), you might be researching MiCA to understand what’s required of your business under the new regulation before applications
fscom appoints Maja Marszalek as Head of Business Development
FSCom Limited, a leading specialist consulting firm providing governance, risk, and compliance (GRC) solutions to financial services institutions in the UK and Europe, today announced
The EU AI Act: proactivity is crucial for financial institutions to meet key deadlines
The European Union announced the publication of the Artificial Intelligence Act (EU AI Act) on 12 July 2024. This Act seeks to govern the development,
fscom appoints David Coolegem as Head of Capital Markets
FSCom Limited, a leading specialist consulting firm providing governance, risk, and compliance (GRC) solutions to financial services institutions in the UK and Europe, today announced
A modernised Consumer Protection Code
The Consumer Protection Code Review – Last Chance to Have Your Say In March of this year, the Central Bank of Ireland (CBI) published a
Payments sector diversity continues to improve, but rebalancing far from finished
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 significantly in
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
2024 Regulatory Outlook Report: The Key Trends Shaping Ireland’s Payment and E-money Sector
The regulatory landscape for payment and e-money institutions is in a state of flux in 2024. The Central Bank of Ireland has a raft of
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
Strengthening Operational Resilience as Ireland’s Regulatory Deadline Approaches
Are you ready for 1st December? This is the deadline set by the Central Bank of Ireland (CBI) for firms to identify vulnerabilities and take
CBI’s safeguarding expectations of payment and e-money institutions – a timely reminder
As the safeguarding deadline approaches for payment and e-money institutions in Ireland, this blog sets out the main takeaways from fscom’s safeguarding webinar held earlier
Individual Accountability Framework Report 2023: Your Guide to Success
In the ever-evolving realm of financial services, regulatory compliance is more than a mandatory checkbox; it’s a strategic imperative. To empower you on this journey,
Payments and e-money institutions seeking authorisation in Ireland
By Russell Burke, Senior Associate Consultant at fscom Nearly 50 payments and e-money firms have chosen Ireland as their European base, including some of the
MiCA: Paving the way for crypto regulation in the EU and beyond
New rules on markets in cryptoassets (MiCA) were adopted by the EU’s Council last month. This is a significant – and positive – development which
The Third Payment Services Directive (PSD3) – Everything Merchants Need to Know So Far.
The European Commission is on the verge of publishing the third Payment Services Directive (PSD3) which will introduce new regulations for payment services in the
How to prepare for your IT security audit
Hearing the word “audit” can raise the blood pressure of a financial services company’s chief executive or compliance officer. But voluntarily undergoing an audit, and
Are you ready for the Consumer Duty? 10 tips from our Readiness Roundtable
Financial services firms in the UK have until 31st July to implement the new Consumer Duty rules from the Financial Conduct Authority (FCA). fscom’s experts recently held
10 trends to watch: fscom report assesses Ireland’s regulatory outlook for 2023
A raft of new regulations is expected from the Central Bank of Ireland (CBI) in 2023. A new report from fscom aims to guide investment
Six areas to watch from the Central Bank of Ireland’s new letter to payment and e-money firms
It is barely a year since all authorised payment and e-money firms in Ireland received a “Dear CEO” letter from the Central Bank of Ireland.
Belfast-headquartered consulting firm fscom partners with leading growth investor Bridgepoint
Leading specialist consulting firm FSCom Limited (fscom) has today announced a partnership with world-leading alternative asset fund management group Bridgepoint following a significant investment to
Top Cyber Security Questions to Ask Your CISO
Head of Cyber Security and ICT Risk, Nick Gumbley discusses in this blog the top cyber security questions you, as a compliance professional should be asking your
EWPN panel discusses putting the E, S and G into Ireland’s Payments and E-Money Sector
Environmental, Social and Governance (ESG) issues have become essential considerations for financial services companies – and indeed all companies – in the last few years.
How To Tackle Your Resource Pressures with Interim PCF support
Regulations governing financial services companies in Ireland are ever-changing, which puts more pressure on firms’ already stretched compliance teams. More firms are therefore looking outside
Irish Consumer Credit Sector in the Spotlight as Central Bank of Ireland Expands Regulatory Perimeter
Plenty of changes are afoot for the Irish consumer credit markets, following the enactment of the Consumer Protection (Regulation of Retail Credit and Credit Servicing
Wind-up planning: what do firms in Ireland need to know?
Wind-up planning – or wind-down planning as it is confusingly also known! – is becoming increasingly important for payment and e-money institutions in Ireland. The
AML in Crypto: A beginners Guide
As of January 2022, more than 300 million people are using blockchain-based cryptocurrencies worldwide, and over 18,000 businesses accept cryptocurrency payments. According to market experts,
Ten Trends to Watch in Ireland’s Regulatory Outlook for 2022
Ireland’s regulatory authorities brought 2021 to an end with two statements of intent: a major fine levied on the Bank of Ireland and a “Dear
A Week of Sanctions: how should firms respond?
It has been a fast-moving week for the world and the main pillar of the international response in relation to the Ukraine Russian crisis has
Best Practice Guidance for AML and CTF risk assessments
All financial services firms in the UK are required to carry out risk assessments for Anti-Money Laundering (AML) and Countering Terrorist Financing (CTF). Yet a
How fscom’s distinct location and expertise helps firms to navigate compliance challenges in the UK, Ireland and the EU
The UK and Ireland are home to many of the leading players across financial services and fintech. One of the main reasons for this is
