Anti-Money Laundering Policy Toolkit

For organisations operating a business in the financial sector, registering with an anti-money laundering scheme is mandatory. Some businesses and individuals must register with a Supervisory Authority (i.e. FCA, HMRC, Gambling Commission), following both their rules and those under the anti-money laundering regulations. The Money Laundering Regulations (MLR17), including the 2019 updates, provide businesses and […]

SM&CR Compliance | FCA Documents | SMCR Toolkit

SMCR implementation does not have to be complex or expensive. We have been helping regulated firms meet their compliance obligations for 6+ years and know that whenever a new regulation or regime is published, it is soon followed by hundreds of organisations trying to ‘cash-in’ on a geniune need for information and resources.  Know Your […]

Data Protection Impact Assessment GDPR

What Are DPIA’s Article 35 of the General Data Protection Regulation (GDPR) focuses on the Data Protection Impact Assessment (DPIA) and what obligations organisations have in considering and carrying them out. The ICO and The Article 29 Working Party (WP29) have also created guidelines and publications on impact assessments, with the latter citing the definition […]

Protecting Vulnerable Customers – Covid-19

During the Covid-19 crisis, it is more important than ever for regulated firms to consider their approach to treating customers fairly and vulnerable customers. The FCA have published a statement on their expectations for firms to maintain a high-level of compliance in both areas and for organisations to assess their existing controls and measures to […]

Due Diligence Policy & Questionnaire

Most businesses are required to carry out some form of due diligence in meeting their regulatory, contractual or legal obligations and to mitigate the risks associated with standard business relationships such as working with suppliers, customers, employees and other third parties. Carrying out effective and adequate due diligence also helps to protect an organisations’ customers […]

SM&CR Templates

The FCA are now bringing in their Senior Managers and Certification Regime (SM&CR) for solo-regulated firms (those regulated by the FCA only), which will apply from 9th December 2019. This regime will replace those already regulated under the Approved Persons Regime and already applies to UK banks, building societies, credit unions and the largest investment […]

FCA Compliance Manual

Know Your Compliance Limited offer the most comprehensive and compliant FCA Compliance Manual on the market and have already helped thousands of regulated firms to gain FCA authorisation and maintain their ongoing compliance. We are experts in regulatory policy development and have created a large portfolio of policies, procedures, templates, test papers, training packages and more […]

Are the GDPR Recitals Important?

YES! Organisations should be reading the Recitals alongside the Articles to ensure complete compliance with, and understanding of, the Regulation. The Recitals provide a mixture of additional information and supporting context, supplementing the Articles and making them more relatable; as well as providing essential information for effectively implementing the GDPR. Article 25 for example – […]