fscom’s safeguarding experts created a guide which sets out specific requirements for firms together with common safeguarding deficiencies identified by the Central Bank.
fscom Head of Payments Alison Donnelly is stepping back from her role as EWPN country ambassador for Ireland, passing the baton to Head of Marketing, Elaine Tighe and Senior Associate at A&L Goodbody, Louise Hogan.
As Artificial Intelligence (AI) increasingly transforms financial services, the EU AI Act, which has been effective from 12 July 2024, provides critical regulation to harness AI safely and responsibly.
In the third instalment of fscom’s “Decoding Digital Assets” series, Heather O’Gorman examines the evolution of UK crypto regulation—its past, present, and what lies ahead—offering crucial insights for businesses.
In this article, we explore the FCA’s recent enforcement actions and five key risk assessment failures firms must avoid. Using real regulatory insights, we outline how to construct a BWRA that accurately identifies, assesses, and mitigates financial crime risks—ensuring compliance and business integrity.
We’ve gathered the key takeaways from the panels discussions at our 2025 UK Payments Regulatory Outlook. Industry experts explored five key themes shaping the future of payments: safeguarding, payments fraud, market conditions, operational resilience and Consumer Duty.
This blog outlines the latest regulatory expectations across key European jurisdictions and provides guidance on how financial entities can effectively manage third party risk under DORA.
In the second installment of fscom’s “Decoding Digital Assets” series, led by Heather O’Gorman, Head of Digital Assets, we delve into the question: What exactly is a cryptoasset?
We are proud to announce that fscom has been included in the Financial Times UK’s Leading Management Consultants ratings for 2025. This marks the second consecutive year that fscom has received this prestigious accolade.
Under the UK’s “twin peaks” regulatory model, financial oversight is shared between the PRA and the FCA. The adoption of Basel 3.1 creates a clear divergence between the two regimes for the first time, altering how PRA-regulated firms calculate their capital requirements.
In this first installation of the series ‘Decoding Digital Assets: fscom’s Learning Series’, Head of Digital Assets Heather O’Gorman defines essential terms like CASPs, VASPs, MSBs, CEPs, and CATPs.
The DORA deadline is here – To help you ensure last-minute readiness, we’ve outlined key focus areas based on our DORA Checklist and recent insights from our DORA 101 webinar.
fscom Head of Digital Assets Heather O’Gorman explores the recent series of publications by the FCA highlighting their commitment to creating a sustainable crypto market in the UK, and asks are these measures enough or is it too little, too late?
The fscom team explores the FCA’s expectations for identifying and supporting clients in vulnerable circumstances. The FCA is actively reviewing firms’ practices to ensure fair treatment and good outcomes for vulnerable clients in line with the Consumer Duty.
In this article, fscom Head of Digital Assets Heather O’Gorman explores the DSS initiative, led by the Bank of England and the FCA. The DSS aims to foster innovation while ensuring financial stability and market integrity.
The fscom team explores the impact of the recent amendments to regulations and the FCA’s proposed updates to guidance on how firms should manage their relationships with PEPs.
In this article, we look at the latest set of proposals from the FCA targeted towards building up the UK wholesale markets, following the recommendations set out in the wholesale markets review and the 2022 Edinburgh reforms.
The EU announced the publication of the AI Act on 12 July 2024. Whilst this protocol comes into effect on 1 August 2024, it will be the key milestones for complying with the regulation that are of interest to financial institutions.
fscom Head of Capital Markets David Coolegem notes three clear takeaways from the King’s Speech that he feels are worth touching upon when looking through a financial services lens.
The Consumer Duty – live for almost a year – sets clearer and higher standards of consumer protection, expecting firms to act to ensure good customer outcomes. The next two deadlines are fast approaching.
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 David Coolegem as its new Head of Capital Markets
In March of this year, the Central Bank of Ireland (CBI) published a consultation paper on its Consumer Protection Code. As the consultation phase draws to a close, we remind regulated providers of financial services, or those seeking authorisation to provide such services, to input into this process while it remains open.
The Financial Crime Guide is a key source of information and advice for regulated financial services firms under the Financial Conduct Authority’s supervision. The regulator has recently launched a consultation around a series of proposed changes to the guide. In this blog, we summarise some of the main takeaways from the consultation for UK companies.
In March 2024, the FCA published a “Dear CEO” portfolio letter updating previous letters from August 2022 and February 2023 covering the FCA’s alternatives supervisory strategy and asset management supervisory strategy. This blog summarises the update from the FCA.
fscom’s safeguarding experts created a guide which sets out specific requirements for firms together with common safeguarding deficiencies identified by the Central Bank.
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.
In this blog, we summarise their advice on what companies need to know about regulations on customer data, and how they can set up a framework to meet these challenges head on.
In the third instalment of fscom’s “Decoding Digital Assets” series, Heather O’Gorman examines the evolution of UK crypto regulation—its past, present, and what lies ahead—offering crucial insights for businesses.
In the second installment of fscom’s “Decoding Digital Assets” series, led by Heather O’Gorman, Head of Digital Assets, we delve into the question: What exactly is a cryptoasset?
In this first installation of the series ‘Decoding Digital Assets: fscom’s Learning Series’, Head of Digital Assets Heather O’Gorman defines essential terms like CASPs, VASPs, MSBs, CEPs, and CATPs.
fscom Head of Digital Assets Heather O’Gorman explores the recent series of publications by the FCA highlighting their commitment to creating a sustainable crypto market in the UK, and asks are these measures enough or is it too little, too late?
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.
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.
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.
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.
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.
