On 5 July 2017, the FCA published its anti-money laundering (AML) annual report for 2016/17. In the FCA’s fourth AML annual report it explains how it has sought to achieve its AML objectives over the last year. Points of interest in the report include the following: Developments in AML supervision strategy. The FCA continues to […]

FCA anti-money laundering annual report for 2015/16 Findings and outcomes of our supervisory work On 12 July 2016, the FCA published its anti-money laundering (AML) annual report 2015/16 – the following extract is taken from section 3 Findings and outcomes of our supervisory work Findings The findings from some recent SAMLP reviews have been encouraging, […]

On 12 July 2016, the FCA published its anti-money laundering (AML) annual report 2015/16. In its report, the FCA explains how it has sought to achieve certain objectives over the past year, ensuring that: Firms have adequate safeguards to prevent themselves from being used for financial crime, in particular from money laundering. Firms’ financial crime […]

The FCA is considering the future of AML regulations and has published a speech by Rob Gruppetta, the head of the FCA’s financial crime department, in which Mr Gruppetta considers: the Fourth Money Laundering Directive (MLD4); the proposed new FCA financial crime data return, on which it is currently consulting; the senior managers regime (SMR) […]

This July 2013report sets out the FCA obligations relating to anti-money laundering, our approach to carrying out those obligations, and the trends and emerging risks in money laundering that they are seeing in the firms they regulate. http://www.fca.org.uk/your-fca/documents/anti-money-laundering-report