Why would you need an Anti-Money Laundering Policy Toolkit? For many UK organisations, registering with an anti-money laundering scheme is mandatory. Those with oversight for money laundering prevention are referred to as a Supervisory Authority. Examples of such authorities include the FCA, HMRC and the Gambling Commission. It is mandatory for those with AML obligations […]
On Tuesday, the FCA’s Executive Director of Supervision (Retail and Authorisations) Jonathan Davidson, delivered a speech at the Credit Festival, focusing on the challenges during the pandemic for consumer credit firms to take decisive and effective action when it comes to the fair treatment of customers. With the consumer credit industry including approx. 40,000 firms […]
Due diligence templates assist in the assessment, investigation and review of a service, business or individual. It involves validating those with whom organisations form a working relationship in order to ensure that they are verified and suitable. Due diligence is one of the foundations of any business and is mandatory in many regulated sectors. In […]
What is a Conflict of Interest? A conflict of interest is defined as an action or relationship that may impair the ability to make an objective and/or fair decision. Furthermore, this conflict can arise from the impairment of an individual employee or as a business activity. In the financial sector, such conflicts can result where […]
Why is an information security policy template important? There has never been a more important time to ensure that your Information Security program is compliant, robust and effective. More and more employees are working from home and technology has resulted in far reaching connectivity. Moreover, securing systems and data and processes is an essential business […]
There have been so many amendments made to UK legislation post Brexit. As a result, there has been moutning confusion over which version is the current one. If you are unsure about the Money Laundering Regulation changes post Brexit, this article is for you! The Money Laundering, Terrorist Financing and Transfer of Funds (Information on […]
Learn to write an effective complaint procedure template with the guidance in this article. Complaints are unfortunately a part of any organisation! Having a robust and effective complaint handling procedure is therefore an essential business practice. Some issues are minor and can be resolved instantly, in an informal manner. Others require the use of a […]
The team behind Know Your Compliance Limited have been developing, writing and implementing compliance policy templates and procedures for over 20 years. We are one of the UK’s market leaders in regulatory compliance documents. Specialist Regulatory Templates Specialising in FCA, UK GDPR, AML and general business policy templates, we provide materials that are ready to […]