October 12, 2021
Understanding the Regulatory Landscape
At MEMA, in discussions with our customers (current and prospective) we identified a common theme, understanding the regulatory landscape is problematic and requires clearer descriptions aid understanding.
Read MoreJuly 28, 2021
Anti Money Laundering warnings
The Financial Conduct Authority (FCA) issued a warning to retail banks in May 2021 (made public on 29 June) over continued weaknesses and failings surrounding their financial crime controls.
Read MoreJuly 26, 2021
Regulation of the funeral plan market
On 5 July 2021, the Financial Conduct Authority (FCA) launched a consultation (CP21/20) on its proposals for regulating the pre-paid funeral plan sector. This is part of an extensive regulatory change in the pre-paid funeral plan market. Under the proposals, the FCA will take over regulation from the Funeral Planning Authority (FPA) on the 29th July 2022.
Read MoreJune 11, 2021
FCA Financial Promotions Quarterly Review
In our first of the series on regulatory smarts, we alert you to the quarterly financial promotion release issued by the FCA
Read MoreMay 21, 2021
Claims Management Phoenixing
The FCA has released its latest consultation paper affecting the Claims Management Industry.
Read MoreMay 15, 2021
Understanding virtual asset service providers
Virtual asset service providers have been defined as a new financial sector facing significant money laundering and terrorist financing risks.
Read MoreMay 2, 2021
Estate agency guidance for money laundering supervision- Part 1
If you are supervised by the HMRC for anti-money laundering purposes, you will need to meet requirements under the Money Laundering, Terrorist Financing, and Transfer of Funds (Information on the Payer) Regulations 2017.
Read MoreApril 11, 2021
Claims Management Companies and High Cost Lenders
In a recent post, the FCA has released its views urging Claims Management Companies and High Cost Lenders to work better together
Read MoreApril 11, 2021
Notfication for FCA Directory Persons
Have you completed your FCA Directory Persons? If you have not heard or are wondering, by 31 March 2021, the FCA is proposing that solo regulated firms (you) must submit their Directory Persons data via Connect.
Read More
