This quick guide looks at what the AML checks for estate agents are and what other rules you need to be aware of and comply with. What is an Estate Agent? Estate agent activities are defined under the Estate Agents Act 1979 (‘the Act’). Such activities are where instructions are received from another person who […]
FCA Consultant or FCA Template Provider? An FCA compliance consultant is an individual who can help a financial services regulated firm gain or maintain authorisation. The FCA’s authorisation application process can be rigorous and complex, so having a consultant to work with can be useful. However, it can also be very expensive and is often […]
A fraud prevention and detection policy is an internal document used by businesses to record their obligations, objectives and controls for identifying and preventing fraud within the company. For best practice, the Anti-Fraud Policy should co-exist alongside your anti-bribery and corruption and anti-money laundering framework. The Fraud Act 2006 The Fraud Act 2006 (‘Act’) separates […]
Buy the UK’s leading Anti Money Laundering Policy Template from Know Your Compliance Limited and start your AML program today. 11,000+ businesses use our policies and templates because we understand money laundering prevention and regulatory compliance. Other AML Templates & Toolkits If you are aiming to comply with the Regulations in full, you will obviously […]
The CASS 10 Resolution Pack…if you know, you know! The Client Assets Sourcebook (CASS) is not one of those things you come across randomly. If you are searching the internet for information on CASS, chances are you are or will be dealing with client assets and/or money within the financial services industry. The Financial Conduct […]
If you need a GDPR compliance checklist to help you navigate the Regulations, you are not alone! The current data protection regime may have been around for several years, but that doesn’t mean that business owners like you have the time or resources to plow through every last page and rule! Consider the UK GDPR, […]
Are you are currently going through an Financial Conduct Authority (FCA) authorisation application or considering starting a business that will be regulated by the FCA? If yes, this article will provide you with some guidance and insight into the process and steps. What is FCA Authorisation? If you or your business are considering carrying on […]
AML Reform Summary For the past 2 years, the Government has been consulting on proposed reforms to the UK’s anti-money laundering (AML) and counter-terrorism financing (CTF) supervision regime. The Government has now published its decisions of the responses, outcomes and reforms for the future of AML oversight. New AML Supervision Regime The Government put forward […]
Section 19(1) of The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (MLR) references AML policies and controls. It defines what measures and procedures a ‘relevant person’ must have in place to comply with the Regulations. What are the MLR Policies and Controls? Section 19(1)(a) requires those with MLR […]
Are you currently in the process of completing your Financial Conduct Authority (FCA) application? If you are looking for templates and policies for FCA authorisation, look no further! Know Your Compliance Limited are the UK’s leading FCA policy template provider. With 11,000+ organisations using our documents and toolkits to meet and exceed their regulatory compliance […]