12 Mar, 2024 UK plans to slow down payments where fraud is suspected By Harry Eddis Jean Price Frances Hodgkins Arjun Lakhani Olivia Murphy Bethan Poole Simon Treacy +4 more... Show less Banks and other firms will be able to delay processing payments where there are grounds to suspect fraud, according to draft legislation...
09 Feb, 2024 FCA encourages boards to question what they do to tackle financial crime By Simon Treacy A key pillar of the FCA’s current three-year strategy is to reduce and prevent financial crime. In an update at the midpoint of executing...
24 Jan, 2024 Payments in 2024 #3 – Fighting back: A milestone year for tackling payment fraud By Harry Eddis Jean Price Frances Hodgkins Arjun Lakhani Olivia Murphy Bethan Poole Simon Treacy +4 more... Show less Fraud is the most common crime in England and Wales. Not only are payment service providers on the front line when it comes to preventing...
27 Oct, 2023 FCA reviews how payments firms stop money mules ahead of Government action plan By Simon Treacy Snapshot:FCA shares findings from review of payment account providers’ systems and controls against money mule activityFirms are...
20 Aug, 2023 Have crypto, will travel - FCA sets out Travel Rule expectations for UK cryptoasset businesses By Jimi Piggott-Bader The FCA has set out its expectations for cryptoasset firms in complying with the incoming 'Travel Rule'. Under the Rule - which comes...