Blog

Press release

fscom appoints Rick Seehra as Head of Banking

Read this blog where, fscom announces the appointment of Rick Seehra as Head of Banking. With 13 years’ experience in the financial services sector, Rick brings extensive expertise in prudential risk and compliance knowledge.

06/11/2023

Operational Resilience

Strengthening Operational Resilience as Ireland’s Regulatory Deadline Approaches

In this blog, we look at the rising importance of operational resilience to all financial services firms in Ireland and the EU, and explain the steps companies should take to satisfy the regulator’s expectations.

25/10/2023

Safeguarding

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 this year.

19/10/2023

Press release

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 ‘Best Compliance Consultant’.

13/10/2023

Individual Accountability Framework, SEAR

Individual Accountability Framework Report 2023: Your Guide to Success

This blog discusses the key areas within the “Individual Accountability Regime (IAF) Report 2023,” written by our Head of Investments, Azariah Nukajam.

11/10/2023

Cryptoassets

What the Travel Rule means for cryptoasset transfers in the UK

In this blog, we summarise a recent Partners in finCrime Podcast episode on the new regulation, its impact on firms and their expert analysis of the Travel Rule.

21/09/2023

AML, Fincrime

Unveiling Key Challenges in Financial Crime Compliance: The Financial Crime Compliance Report 2023

In this blog, we unveil key challenges in Financial Crime Compliance from the Financial Crime Compliance Report 2023.

20/09/2023

CASS Audit

Planning for your annual CASS Audit

In this blog, we identify the key steps investment firms should take to perform well in an audit, and to improve their overall confidence in safeguarding client money and assets.

01/09/2023

Financial Promotions

Qualifying cryptoassets to be brought within the UK financial promotions regime

Azariah Nukajam discusses the impending deadline which will see cryptoasset firms brought within the UK financial promotions regime, what that practically means for qualifying firms and the steps they should take now to ensure they are ready by October.

22/08/2023

Fincrime

What does the Nigel Farage story mean for banks’ requirements to manage PEP risk?

Evan McGookin and Chris Vaughan from fscom’s financial crime team went behind the headlines in a recent episode of our podcast, Partners in fincrime. In this blog, we summarise their expert analysis of the Farage case and wider PEP risk in general.

18/08/2023

Artificial Intelligence (AI)

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 FCAs speech on Artificial Intelligence and how this will impact the financial services sector.

01/08/2023

CASS Audit

FCA CASS Maturity & Resilience: Be confident, not complacent with your CASS capabilities and arrangements

In this blog, Julie Tuffrey discusses the crucial role of the CASS regime and how fscom can help firms….

20/07/2023

REP018

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 security risk assessment that all payment service providers (PSPs)…

12/07/2023

Cryptoassets

How To Conduct Crypto and Token Financial Crime Risk Assessments

In this blog, Chris Vaughan, explains how firms should carry out risk assessments to understand and mitigate the financial crime risk from cryptoassets and tokens.

04/07/2023

Press release

fscom appoints Heather O’Gorman as Associate Director in the Payments Team

fscom is pleased to announce the appointment of Heather O’Gorman as the new Associate Director in the Payments Team.

29/06/2023

Authorisations

Payments and e-money institutions seeking authorisation in Ireland

fscom launched a free-to-download guide which takes firms through the authorisation process in detail, this blog summarises that process and offers some top tips for a successful application.

26/06/2023

MiCA

MiCA: Paving the way for crypto regulation in the EU and beyond

This bog summarises the Partners in finCrime Podcast episode on MiCA.

23/06/2023

PDS3

The Third Payment Services Directive (PSD3) – Everything Merchants Need to Know So Far.

In this report, Alison Donnelly, Director in fscom provides a comprehensive overview of PSD3 and discusses its potential implications for businesses, payments and customers.

13/06/2023

Cyber & ICT Risk

How to prepare for your IT security audit

Looking to prepare your firm for an IT security audit? This blog summarises what IT security audits are, how you should prepare, and what to expect.

01/06/2023

Consumer Duty

Are you ready for the Consumer Duty? 10 tips from our Readiness Roundtable

Feeling unprepared for the Consumer Duty? This blog offers 10 top tips from our recent Readiness Roundtable to support you with successful implementation.

01/06/2023

Sanctions

Managing your responsibilities in the ever-changing world of “Sanctions”.

This blog summarises fscom’s Associate Director, Fred McDowell’s advice during a recent webinar on the sanctions risks and how firms should respond.

12/04/2023

fscom UK

Consumer protection in focus as FCA publishes its Business Plan for 2023/24

The FCA published its Business Plan for 2023/24. In this blog, we explore what that means for financial services firms in the UK.

05/04/2023

Regulatory Outlook

10 trends to watch: fscom report analyses the UK’s regulatory outlook for 2023

A new report from fscom aims to guide companies on where to focus their efforts over the coming year to keep their compliance process ahead of the regulatory landscape.

05/04/2023

fscom UK

Let’s meaningfully instigate change this International Women’s Day

In this blog HR Director, Jill Michael talks about the ways in which businesses acknowledge tomorrow’s International Women’s Day.

08/03/2023

Consumer Duty

The new Consumer Duty so far

One of the questions most asked of Director Alison Donnelly in recent weeks is how far the payments sector has got in implementing the new Consumer Duty.

06/03/2023

fscom Ireland

Six areas to watch from the Central Bank of Ireland’s new letter to payment and e-money firms

This blog by Greg James aims to make life easier for firms by highlighting six key takeaways from the letter to which you should pay particular attention.

06/02/2023

Alert and Transaction Monitoring

Improve your regulatory compliance with alert and transaction monitoring

In this blog, Fred McDowell summarises his top tips from a recent webinar on why firms need to think about transaction monitoring….

21/12/2022

Cybersecurity

How to secure your information with ISO 27001

fscom’s cyber security experts Nick Gumbley and Will Finn recently held a webinar on how to use ISO 27001 to secure your company’s information.

24/11/2022

Fincrime

Major report by fscom reveals key financial crime and anti-money laundering risk areas

A major report has revealed the key financial crime and anti-money laundering (AML) compliance challenges facing financial services firms in 2022. Produced….

25/10/2022

fscom Ireland, fscom UK

Belfast-headquartered consulting firm fscom partners with leading growth investor Bridgepoint

fscom announce a partnership with world-leading alternative asset fund management group Bridgepoint …

13/10/2022

Safeguarding

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 this year.

19/10/2023

Cybersecurity

How to secure your information with ISO 27001

fscom’s cyber security experts Nick Gumbley and Will Finn recently held a webinar on how to use ISO 27001 to secure your company’s information.

24/11/2022

Cybersecurity

fscom continues expansion of Cyber Risk Team

fscom has announced its continued investment and expansion of its Cyber Risk Team with the recent appointment of Senior Manager, Will Finn.

21/07/2022

Cybersecurity, Operational Resilience

The building blocks of operational resilience for financial services firms

fscom’s experts in financial crime, cyber security and regulatory compliance offered their advice in a recent webinar.

09/12/2021

Cybersecurity

New Associate Director appointed to fscom’s Cyber Security team

fscom is delighted to expand its growing team with the appointment of a new Associate Director of Cyber Security, Nick Gumbley.

13/09/2021

Cryptoassets

What the Travel Rule means for cryptoasset transfers in the UK

In this blog, we summarise a recent Partners in finCrime Podcast episode on the new regulation, its impact on firms and their expert analysis of the Travel Rule.

21/09/2023

Cryptoassets

How To Conduct Crypto and Token Financial Crime Risk Assessments

In this blog, Chris Vaughan, explains how firms should carry out risk assessments to understand and mitigate the financial crime risk from cryptoassets and tokens.

04/07/2023

AML, Cryptoassets

AML in Crypto: A beginners Guide

Senior Compliance Associate, Chris Vaughan created a handbook that aims to be the go-to guide for financial crime compliance professionals of any level of seniority who are starting out in the world of cryptoassets.

12/04/2022

Cryptoassets, fscom Ireland

The 5th Money Laundering Directive – Transposition into Irish Law

The Criminal Justice Act (CJA) 2021 became effective on 23rd April 2021 with the transposition of the 5th Anti-Money Laundering Directive (5MLD) into Irish Law.

02/09/2021

Cryptoassets, Fincrime

UK Cryptoasset Registration – How To Best Prepare Your Firm

Crypto firms operating in the UK, prior to 10th January 2020, are required, in compliance with the 5th Anti-Money Laundering Directive (5MLD), to register with the FCA and be compliant with the MLRs 2017, as amended.

29/07/2021

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