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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
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
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
Best Practice Guidance for AML and CTF risk assessments
All financial services firms in the UK are required to carry out risk assessments for Anti-Money Laundering (AML) and Countering Terrorist Financing (CTF). Yet a
The building blocks of operational resilience for financial services firms
How ready is your company to become operationally resilient? If you aren’t sure, you will need an answer soon because the Financial Conduct Authority’s (FCA)
The best practices for effective Suspicious Activity Reporting
By Fred McDowell, senior manager in the financial crime team at fscom Global money laundering transactions for 2020 have been estimated to account for a
Voices from the Dark Money Conference: new publication looks at financial crime’s future
What does the future of financial crime look like? This is the million-dollar question for investigators, regulators, compliance and MLRO officers alike. We recently brought
How to make the most of your annual MLRO report
For Money Laundering Reporting Officers (MLROs), it’s that time of year again. The time to start drafting your annual MLRO report for the company’s senior
The FCA’s approach to payment and e-money institution authorisations: your key questions answered!
The impact of Brexit is a frequent – and often contested – topic of debate in virtually every industry. But the impact on payment and
The Pandora Papers – Lessons in Compliance
“The Panama Papers on steroids” is how the International Consortium of Investigative Journalists have described their latest leak of confidential financial documents. The leak of
Turning defence into attack: Preview of day 3 of the Dark Money Conference 2021
In this final blog previewing The Dark Money Conference 2021, Director of fscom, Philip Creed outlines what to expect on Day 3 of the conference. Financial crime (fincrime)
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. Nick joins the team
Fighting fincrime smarter and faster: Preview of day 2 of the Dark Money Conference 2021
In this next blog in our series previewing The Dark Money Conference 2021, Director of fscom, Philip Creed outlines our key theme and speakers for Day 2 of
“How fincrime hurts us all” – Preview of Day 1 of the Dark Money Files Conference 2021
Director of fscom, Philip Creed who co-founded The Dark Money Conference in 2020 together with Graham Barrow and Ray Blake from the Dark Money Files gives us a glimpse into what to expect from the first
