It’s time to 'consider overhauling the FCA'
By Matthew RussellSeptember 4, 2023
Stripping the Financial Conduct Authority of its anti-money laundering responsibilities in favour of a single ‘mega supervisor’ is one of the boldest ideas this government has had to tackle dirty money. The UK current anti-money laundering regime is ripe for an overhaul: now is the time for bold action.
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August 24, 2023
UK mulls ditching FCA over compliance checks
UK bank compliance teams face the prospect of a new supervisor, under proposals to deter money laundering and terrorism financing. The structural overhaul would create a new ‘mega supervisor’ to...
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