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How to prepare for your IT security audit
Hearing the word “audit” can raise the blood pressure of any financial services company’s chief information technology officer or chief risk officer. But voluntarily undergoing
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
Paynetics UK receives EMI licence from the FCA
We are delighted to congratulate our client, Paynetics UK on receiving its Electronic Money Institution (EMI) licence from the UK’s Financial Conduct Authority (FCA). Paynetics
How UK investment management firms should prepare for the Consumer Duty as implementation deadline approaches
There are only three months to go until the deadline for firms to implement the new Consumer Duty. Addressing these requirements is top
Managing your responsibilities in the ever-changing world of “Sanctions”.
Sanctions against companies and individuals are constantly changing and the pace of change over the last 12 months has been unprecedented. A major reason is
Consumer protection in focus as FCA publishes its Business Plan for 2023/24
The Financial Conduct Authority (FCA) has just published its Business Plan for 2023/24. In this blog, we explore what that means for financial services firms
10 trends to watch: fscom report analyses the UK’s regulatory outlook for 2023
The UK’s regulatory landscape is expected to change significantly as the Financial Conduct Authority (FCA) brings in new requirements for payments and e-money firms in
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. Jill says as much as it is
The new Consumer Duty so far
The new Consumer Duty so far One of the questions most asked of me in recent weeks is how far the payments sector has got
Improve your regulatory compliance with alert and transaction monitoring
Recent fines for HSBC and Danske Bank by the UK and Irish regulators are a warning to financial services companies to carry out effective alert
How to secure your information with ISO 27001
Financial services firms are typically focused on developing services, getting them out to market and operational management and can be reluctant to focus on compliance
REP018 – Your Key Questions Answered!
In this blog, fscom’s operational and information security expert, Will Finn, takes the time to answer all your key questions in relation to REP018 –
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 by leading governance,
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
FCA Improvements to the Appointed Representatives regime
Head of Investments, Azariah Nukajam discusses in this blog the Financial Conduct Authority’s improvements to the Appointed Representative regime and its key areas of focus.
New HR Director appointed at fscom
fscom has today announced the appointment of Jill Michael as HR Director. Jill will take on the responsibility for the strategic leadership of People and
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
From Vulnerable Customers to the New Consumer Duty – Unpicking the FCA’s expectations of payment and e-money institutions
The Financial Conduct Authority (FCA) has confirmed its plans to bring in a new Consumer Duty, with the rules coming into force on 31 July 2023.
What to expect from an FCA Skilled Person Review – and how to prevent one in the first place
Many payment, e-money and cryptocurrency providers have grown exponentially over the last 10 years and some more so since the pandemic pushed more people to
fscom welcomes back Evan McGookin as Senior Manager
FSCom Limited (fscom) a leading specialist consulting firm providing governance, risk and compliance solutions to financial services institutions in the UK and Ireland, welcomes back
Are your complaints handling processes up to scratch?
Over the last six months, many of our payment and e money institution clients have approached us about their complaints handling process. The drivers are
fscom continues expansion of Cyber Risk Team
FSCom Limited (fscom) a leading specialist consulting firm providing governance, risk and compliance solutions to financial services institutions in the UK and Ireland, has announced
FCA Portfolio Letter For Mainstream Credit Lenders
On 27th June 2022, the Financial Conduct Authority (“FCA” or the “Regulator”) published a portfolio letter setting out its regulatory strategy for Mainstream Consumer Credit
Protecting Customer Data in the Financial Services Sector
Data has become incredibly powerful for financial services companies, who are increasingly using technology to mine it for insights and opportunities. But with great power
fscom announces appointment of new Associate Director as Investments Practice Continues Its Expansion
FSCom Limited (fscom) a leading specialist consulting firm providing governance, risk and compliance solutions to financial services institutions in the UK and Ireland, today announced
Why fscom’s Interim Roles offering might save you from a headache
Compliance and risk teams in financial services companies not only have to cope with managing and mitigating risk across the firm, but also keep on
Building operational resilience: what’s next?
The 31 March 2022, deadline has passed for financial firms to carry out the UK Financial Conduct Authority’s (FCA) requirement to complete a self-assessment document
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 Key Trends to Watch in the UK’s Regulatory Outlook for 2022
The UK’s financial services sector is braced for a year of change as new regulatory requirements come into force this year, and further developments are
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
