ICO Marketing Law Breaches

ICO Marketing Law Breaches

PECR Breaches Throughout 2021/22, the Information Commissioner’s Office (ICO) issued over £1,700,000 in fines for breaches of the direct marketing laws. This included extensive PECR breach fines for ‘We Buy Any Car’. The ICO has powers under the Privacy and Electronic Communications Regulations 2003 (PECR) which enables them to take action to change the behaviour […]

SMCR Management Responsibilities Map Template

What is a Responsibilities Map? There are numerous mandatory requirements in the FCA’s Senior Managers & Certification Regime (SMCR). Whilst the FCA provide a free template for completing the Statement of Responsibility (SoR), enhanced firms also need a Management Responsibilities Map to support the individual Statements of Responsibility (SoR). The Responsibilities Map template should consist […]

Anti Money Laundering Policy Example

Any policy within a business should start by defining what the included content covers. The introduction does not need to be extensive. However, it should give anyone referring to the policy sufficient information to understand what the policy relates to.

Money laundering is the term used to describe the process or act of disguising or hiding the original ownership of money that has been obtained through criminal acts such as terrorism, corruption or fraud. Such monies are then moved through legitimate businesses or sources to make it appear ‘clean’.