In a 2018 report, the Cryptoassets Taskforce (“CATF”) identified several risks cryptoassets may pose to consumers. The report outlined a significant risk of harm posed to consumers buying cryptoassets due […] [...]

Technology has had a profound impact on the financial services industry, with payment providers at the forefront of this transformation. People are more frequently relying on technology to make their […] [...]

New Quarterly Reporting Initiative by the FCA On the 19th of May 2023, the FCA published their Authorisations operating service metrics 2022/23 Q4. As a consultancy firm, we have been […] [...]

The findings from the FCA’s Financial Lives survey published on 17th May serve as a timely reminder of the hardships consumers face in the current economic climate. As a firm, […] [...]

On the 10th May 2023, The Financial Conduct Authority (FCA) issued a warning to firms regarding the upcoming Consumer Duty deadline, which is less than 90 days away. Firms are […] [...]

The Financial Conduct Authority (FCA) recently conducted a peer review of firms offering Contracts for Difference (CFDs) and spread bets to enhance market abuse surveillance arrangements and uplift standards. The […] [...]

The immediate FCA Consumer Duty Implementation deadline firms must consider is 30th April 2023, when they must have finished their review of existing open products. With the main rules coming […] [...]

The Financial Conduct Authority (FCA) has launched a review of the Senior Managers and Certification Regime (SMCR) in collaboration with The Treasury and Bank of England (BoE). The regulator has […] [...]

What is Market Abuse? The EU Market Abuse Regulation states market abuse is “a concept that encompasses unlawful behaviour in the financial markets”. The practice involves individuals and firms using […] [...]

The Economic Crime (Anti-Money Laundering) Levy was introduced as part of the government’s wider 2019 Economic Crime Plan (ECP), aiming to reduce economic crime. The Levy applies to entities regulated […] [...]

  We are pleased to announce that Complyport has been shortlisted at A-Team Group’s 2023 RegTech Insight Awards Europe! These awards honour established solution providers and innovative newcomers that have […] [...]

Customer Due Diligence (CDD) is a requirement for businesses subjected to the Money Laundering, Terrorist Financing and Transfer of Funds Regulations (2017) (MLRs 2017). CDD refers to the process by which […] [...]