The Consumer Duty & SMCR

How do the Consumer Duty & SMCR tie in together? Know Your Compliance Limited already offer the UK’s leading SMCR Policy Toolkit with over 25 policies, checklists and tools for complying with the Senior Managers & Certification Regime (SMCR). However, the introduction of new regulatory rules and guidance from 31st July 2023 under The Consumer […]

FCA Fines Guaranty Trust Bank (UK) Limited £7.6m for AML Failings

Surprisingly, some firms are still not complying with the Money Laundering Regulations and the FCA’s oversight requirements for anti-money laundering compliance. For organisations such as Guaranty Trust Bank (UK) Limited, it appears that a past FCA fine totalling £525,000 in August 2013 for major AML systemic failings, was insufficient to make the bank review and revise […]

Compliance Manual for FCA Authorised Firms

What is an FCA Compliance Manual? Know Your Compliance Limited are proud to offer the UK’s leading and most comprehensive suite of policies, procedures, templates and checklists for FCA authorised firms. With more than 7500 organisations using our documents, you can be assured of professional, high quality content and templates. Whether you are currently going […]

Compliance Manual for Financial Services

Discover the UK’s Leading FCA Compliance Manual FCA Authorisation Guidance If you plan to carry out regulated activities, you will need to be authorised by the Financial Conduct Authority (FCA). Complying with the many rules and requirements means having the mandatory policies and controls in place prior to submitting your application.  Read our FCA Authorisation […]

Eye Watering FCA Fines for MLR Breaches

The Financial Conduct Authority (FCA) handed out over £13million in fines in June 2022 in relation to breaches of the Money Laundering Regulations (MLR). For firms with obligations under the MLR who are also regulated by the FCA, the regulator is a Supervisory Authority with the power to investigate and sanction criminal and civil breaches […]

Using the 6 Outcomes to Effectively Implement TCF

The FCA adopted the TCF outcomes and standards from the FSA, with the aim of continuing to ensure fairness, clarity and transparency in the financial and credit sectors and affording consumers using finance products and services, due consideration and increased confidence.

TCF continues to remain central to the FCA’s priorities and business plan year on year, with organisations being expected to embed and embrace the TCF culture and 6 desired outcomes.

FCA Policy Templates and Procedures

FCA Policy Templates and Procedures are the foundation of financial and credit compliance programs. To ensure compliance with the FCA Handbook and supporting Sourcebooks, those authorised by the FCA must meet the mandatory minimum policy requirements. Our experienced team have been working in regulatory compliance for nearly 20 years. We provide more than 6000 organisations […]

Compliance Breach Policy Template

What is a Compliance Breach? The general definition of a compliance breach is any divergence from a standard operating procedure (SOP). Such divergence usually results in a failure to meet the required compliance standards. These can be regulatory, contractual or legal standards. Some industries also follow specific codes of conduct which require the following of […]

Buy an AML Policy Template

Know Your Compliance Limited have one of the UK’s largest portfolio of policy templates and procedures. Ready to use content, whilst also being fully customisable. Our market leading AML Policy Template also contains our highly recommended AML Risk Assessment Template for meeting the regulatory and legislative requirements in preventing financial crime. Our extensive Anti Money […]