Nearly half a billion pounds worth of fines were imposed by the FCA in 2021. And with 84% of these concerning financial crime, it’s clearly an area where it is prepared to show its teeth.
The trend is set to continue. Our friends at Bovill looked at the statistics for skilled person reviews issued in relation to financial crime and discovered that they have been increasing since 2017. The regulator is clearly cracking down on organisations whose financial crime control frameworks are not appropriately calibrated to meet the risks of the business.
In this 60-minute on-demand webinar, Rupi Christophers – Practice Lead of Fraud and Financial Crime at Bovill – and Adrian Harvey – CEO at Elephants Don’t Forget – discuss how firms and individuals responsible for financial crime compliance can:
- Meet the toughening expectations of the FCA
- Learn lessons from recent S166 action
- Ensure financial crime-related systems and controls are appropriate, effective and up to date
This webinar is hosted in conjunction with...
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