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 […]

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 […]

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 […]

Using the 6 Outcomes to Effectively Implement TCF

Treating Customers Fairly Background Our article on using the 6 Outcomes to effectively implement TCF starts with the Treating Customers Fairly ethos which was originally introduced back in July 2006 by the Financial Services Authority (FSA), with the aim of giving confidence to consumers when dealing with the financial services industry. Pressure was put on […]

Information Security & Working From Home

The NCSC (National Cyber Security Centre) have recently reported that they have detected more UK Government branded scams relating to coronavirus than any other subject. The FCA have published statements on their website regarding information security and the coronavirus, advising firms that “the exceptional circumstances introduced by coronavirus have required firms to change their ways […]

FCA Regulated Firms & Covid-19

The FCA has published a statement regarding consumer protection and ongoing compliance during the Coronavirus (Covid-19) pandemic. The financial services and consumer credit regulator has emphasised that they still expect regulated firms to demonstrate a high-level of compliance when it comes to treating customers fairly and dealing with vulnerable customers, especially as the ongoing situation […]