FCA: UK Anti-Money Laundering Supervisors Gotta Up Their Game (8/53)

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Submitted to "50+ Top Fintech News | 16-22 March 2020 (Open list) (53 submissions)"

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by Christophe Langlois Mar 23, 2020, 3:15 pm

🇬🇧@TheFCA is calling on the nation’s #AML supervisors to raise their standards further [REPORT]

🔗https://t.co/iMdIyUmz0N #regtech #fintech #compliance #riskmanagement #KYC #GDPR #banking

cc @RJBaugh @RitenGohil @rprigge @neirajones @Capital_FinServ @KVanderhoydonk @ScottZoldi pic.twitter.com/OtS9kDnzhE
— 🆑 Christophe Langlois #FMHtop30 (@Visible_Banking) March 20, 2020

The FCA’s Office for Professional Body Anti-Money Laundering Supervision (OPBAS) has today (19 March) released its latest report on tackling money laundering over the past year.

Among the key findings are that the accountancy and legal professions have made “strong improvements” in their AML work. However, some professional body supervisors (PBSs) are “still lagging behind their peers and must continue to raise their standards further”.

Source: fintechdirect.net via VisibleBanking.com

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Written by Christophe Langlois

Based in London for almost a decade, Christophe is an entertaining fintech marketing keynote speaker and a trusted advisor to the global financial services industry on the topics of digital marketing, innovation and B2B social media.

Christophe has contributed to over 140 events in 18 countries.

Currently, Christophe is advising a number of fintech startups on marketing and growth hacking and he is the Chief Marketing Officer of The Fintech Power 50, an exclusive annual programme helping fintech scale-ups to accelerate their growth globally.

Christophe's views on VisibleBanking.com are his own.