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 appointment of Maja Marszalek as its New Head of Business Development. Maja joins fscom with an impressive track record of success in business development and sales leadership, including her […]
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, market placement and use of AI systems under the mandate of the EU. Whilst this protocol comes into effect on 1 August 2024, it will be the key milestones for […]
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 that the Financial Conduct Authority and the Central Bank of Ireland have devoted payments and e-money authorisation and supervision teams that understand the fintech ecosystem and the impact of regulation […]
Opportunities with Open Banking for Credit Unions
In a world where everything is becoming more complex, today’s consumers are seeking financial services providers who can simplify their lives. Solutions that are seamless and personalised are the top choice for consumers. In fact, 63% of consumers expect personalisation as a standard of service. In this blog, Alison Donnelly talks about this expectation from our tech savvy consumers, […]
Outsourcing function, not responsibility
As of today, credit institutions, MiFID investment firms, e-money institutions and payment institutions must maintain a register of outsourcing agreements that can be made available to the FCA on request and new arrangements must meet the European Banking Authority (‘EBA’) Guidelines. Existing arrangements must be made compliant by the end of 2021. Mindful of the […]
