Financial Conduct Authority (FCA)

The Financial Conduct Authority is seeking opinions on how it can be more effective in tackling wrongdoing. Nicola Sharp of financial crime specialists Rahman Ravelli believes change is overdue.

The UK’s Financial Conduct Authority has announced a consultation to see how it can tackle illegal behaviour in the financial services market.

By Nicola Sharp  1 October 2020

Legal Director Nicola Sharp considers the money laundering challenges facing firms and the FCA’s latest approach for Thomson Reuters

With the Financial Conduct Authority’s new anti-money laundering supervision model aiming to take a more targeted approach to the problem, Thomson Reuters’ Regulatory Intelligence asked Rahman Ravelli’s Nicola Sharp for her thoughts.
 
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By Nicola Sharp  13 August 2020

A report by the UK’s Financial Conduct Authority highlights the increasing popularity of cryptoassets.

Syed Rahman of financial crime specialists Rahman Ravelli considers what might happen next.

By Syedur Rahman  28 July 2020

With the “Big Four’’ auditing firms facing new obligations imposed by the profession’s watchdog, Syedur Rahman of financial crime specialists Rahman Ravelli assesses the action they need to take.

The UK’s accounting and auditing watchdog has ordered the biggest firms to put more distance between their auditing operations and the rest of their business.

By Syedur Rahman  28 July 2020

Legal Director Nicola Sharp outlines for Thomson Reuters the Financial Conduct Authority’s approach to e-money firms after Wirecard’s collapse.

The Financial Conduct Authority’s (FCA’s) warning letter to e-money firms about their failings has been seen as a reaction to Wirecard’s collapse.

By Nicola Sharp  14 July 2020

As Denmark looks to tighten its banks’ money laundering defences, Rahman Ravelli considers the implications.

Denmark is proposing greater independence and more demanding qualifications for bankers hired to prevent money laundering in an attempt to avoid more Danske Bank-style scandals.

6 July 2020

Commerzbank has been ordered to pay more than £37M for its lack of money laundering controls

Syed Rahman believes the fine serves as a warning to financial institutions about the need to take compliance seriously.

By Syedur Rahman  30 June 2020

Legal Director Syedur Rahman voices his concerns to Thomson Reuters about the FCA's stance regarding employees not obtaining compulsory FCA qualifications during lockdown

The Financial Conduct Authority's decision to extend the period for completing compulsory FCA qualifications during COVID-19 home-working prompted Rahman Ravelli’s Syed Rahman to voice his concerns.

By Syedur Rahman  29 April 2020

Senior Partner Aziz Rahman explains to Euronews the fraud risks posed by the coronavirus pandemic – and how to tackle them

Companies’ vulnerability to fraud during the coronavirus pandemic was the subject of an article written by Rahman Ravelli’s Aziz Rahman.

By Azizur Rahman  22 April 2020

Rahman Ravelli shares it's thoughts with Thomson Reuters on the Financial Conduct Authority’s business plan message regarding coronavirus

In its business plan for 2020, the Financial Conduct Authority (FCA) has emphasised that it will not be introducing an amnesty on enforcement action during the coronavirus crisis.

9 April 2020