Blog
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
Client re-categorisation rules: Key takeaways
In the case involving Robert Tchenguiz (Applicant) and IG Index Limited (Respondent) [2022] EWHC 793 (Ch), the re-categorisation of the Applicant by the Respondent from
Managing PEP Risks: Understanding Recent Regulatory Changes and FCA Guidance Updates
The recent amendments to regulations and the FCA’s proposed updates to guidance significantly impact how firms should manage their relationships with Politically Exposed Persons (PEPs).
What you need to know about the FCA latest wholesale markets proposals
The FCA, together with the other UK regulatory authorities, is continuing to build up the UK wholesale markets on the back of the recommendations set
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,
The 2024 King’s Speech – setting out a bold new direction under the new Labour government.
Wednesday 17 July saw the first King’s Speech under the new labour government. It was an interesting one to watch and not just for what
FCA operational resilience: What you need to know and how to implement it
If you’re looking to implement operational resilience in time for the Financial Conduct Authority’s (FCA) deadline of 31 March 2025, you may be dealing with:
The Consumer Duty: getting ready for the first board reports and the closed products deadline
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.
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
What firms need to know about proposed changes to the FCA Financial Crime Guide
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
Interim update on FCA supervision of asset management and alternatives
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 and asset management supervisory strategy.
The essential guide to moving from being an AR to authorisation
An Appointed Representative (AR) is a person or company, permitted to carry on specific types of regulated financial activities under the licence of a Financial
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
With less than a month until the deadline, are you ready to meet the FCA’s anti-greenwashing rule?
Every firm authorised by the Financial Conduct Authority (FCA) has until the end of May to comply with the new anti-greenwashing rule. As that deadline
Planning for your annual CASS Audit
Many UK investment firms that hold and/or control client money and assets must undertake an annual CASS audit as required by the Financial Conduct Authority
Avoiding Common Errors in FCA Authorisation: A Guide for Asset Management Firms
Firms seeking to obtain a license to operate in the asset management sector in the UK must apply for authorisation with the Financial Conduct Authority
FCA publishes finalised guidance on promotions on social media
Celebrities and influencers are regularly seen promoting crypto and digital financial products on social media as part of a financial services company’s wider marketing strategy.
Operational Resilience: How do we address the risks of Critical Third Parties in the UK financial sector?
By David Norton, Senior Manager at fscom The dependence on AWS, Microsoft and other global suppliers by financial services firms, not just in the UK
The Consumer Duty annual reports: reporting to the Board and the Board’s report
By Azariah Nukajam, Associate Director at fscom With less than five months to go before the first set of Consumer Duty annual board reports must,
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
fscom Recognised as FT’s Leading Management Consultants in 2024
fscom, a leading governance, risk and compliance consultancy firm, is proud to announce its inclusion in the Financial Times UK’s Leading Management Consultants ratings for
Key Trends Facing the UK Capital Markets Sector in 2024
At our Q1 2024 Capital Markets Regulatory Outlook event, we heard from fscom’s CEO, Jamie Cooke, on the outlook for the industry and the challenges
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
Key Trends Facing the Banking Sector in 2024
At our Q1 2024 Banking Regulatory Outlook event, we heard from fscom experts, Rick Seehra, Alison Donnelly and David Norton along with guest speaker, Aris
The key trends shaping the UK payments and e-money sector
What does the regulatory landscape look like for payment and e-money institutions in the UK in 2024? In short, the regulator has imposed a significant
Keeping the funds flowing: how should payment and e-money firms handle prudential risk?
The message from the FCA was clear at fscom’s Payments Regulatory Outlook, as it has been for the previous number of years: keep the money
Navigating ICARA: Key Priorities for Investment Firms in 2024
It has been two years since the Investment Firms Prudential Regime (IFPR) came into force and many firms will have now completed the second iteration
FCA identifies four areas of focus for reducing and preventing financial crime
In this blog, fscom’s Senior Manager, Anna Sweeney summarises the FCA’s recent update on the progress they have made to address its key priority of
Fixing the safeguarding regime to keep the money safe
The message from the FCA was clear at fscom’s Payments Regulatory Outlook, as it has been for the previous number of years: keep the money
fscom partners with Grath to offer enhanced GRC solution
fscom, a premier governance, risk, and compliance consultancy firm to financial service institutions across the UK and Ireland, has partnered with leading regulatory compliance platform
