Category Archives: Information Update

£275M Fines For Two International Business By ICO

The UK Information Commissioner’s Office (“ICO”), has flexed its muscles and announced its intention to issue fines rising above ₤ 275 million against two international businesses for losing the personal data they hold guarded from cyber-attacks under the European General Data Protection Regulation (“GDPR”). On 8 July 2019, the ICO made known its intention to […]

Online Senior Managers & Certification Regime Compliance Course Available For Core-Limited Firms

We have extensive experience in training senior managers and other staff who are subject to the SM&CR (SMCR) and we have developed a range of training solutions to suit a wide variety of requirements. You will also gain access to a unique discount in our special offer promotion for a valuable aid to your implementation planning.

Fresh FCA propositions on functional and also safety and security threat monitoring by Payment Services Providers (PSPs).

Having claimed that, it does subject a brand-new and and also essential responsibility PSPs to report to the FCA on an annual yearly, and as well as give updated upgraded threat evaluation the operational functional as well as safety dangers connecting the payment settlement solutions give. When contracting out features associated to the repayment solutions […]

33 Cryptocurrencies Described In Four Words Or Less

Bitcoin is the first blockchain based cryptocurrency and is the popular and most valuable one. The popularity of Bitcoin has given birth to hundreds of alternate crypto-currenies designed with various specifications and functions. Some of these cryptocurrencies are clones of Bitcoins and few are forks. With so many cryptocurrencies out in the market, where new […]

KYC and AML – Suitable for all firms with AML responsibilities

The UK is among the world’s largest and most open economies, whose strength is based on extensive and productive relationships around the world. Government Ministers have the responsibility for national security and financial services, so they want the UK to continue to be a desirable country for legitimate business and a leading global financial centre. But they also recognise that the UK’s openness and standing as a global financial centre exposes it to the risk of illicit financial flows.

Senior Managers Regime Explained

The FCA is tightening up its individual conduct rules, replacing the current Approved Persons Regime with the Senior Managers and Certification Regime (SMCR). SMCR regulation is complex and so in this SMCR guide course we explain the changes to the FCA Handbook and what you need to do to comply. You also have the opportunity of purchasing our SMCR 90+ Project Plan with a 50% discount.

PSD2 Regulatory Technical Standards – A Practical Guide

PSD2 Regulatory Technical Standards – A Practical Guide & Workshop A ½ Day Course The PSD2 Requirements for SCA from September 2019 onwards   What Makes This Course Different? We have been delivering training for over 20 years and this is one of our core competencies. We believe we are experts on this topic and […]

SFTR NOW – Securities & Financing Transaction Reporting Final Countdown

SFTR Transaction Reporting- A Practical Guide A ½ Day Course   ESMA Technical Standards and Requirements. What Makes This Course Different? We have been delivering training for over 20 years and this is one of our core competencies. We believe we are experts on this topic and having delivered training to a wide range of […]

Do You Have Control of Your Risk & Compliance Documents?

Deep in the heart of your company’s network directories are in all likelihood to be a variety of vital documents. These documents could well save your business in the event of prosecution, regulatory enforcement, employment tribunal or a complex insurance claim. They are your risk & compliance documents. Failure to manage and/or deliver this documented evidence can put your business at considerable risk of fines, regulatory scrutiny and even prosecution (even if you are actually compliant).

Fresh FCA proposals on operational and security risk management by Payment Services Providers (PSPs)

  During March 2018, the FCA issued its consultation paper (CP18/6) on its proposed approach to the application of the European Banking Authority’s (EBAs) final guidelines on security procedures for operational and security risks of payments services under PSD2. The Latest Approach document, Version 2, was released 19th December 2018 https://www.fca.org.uk/publication/finalised-guidance/fca-approach-to-payment-services-electronic-money-2017.pdf.  Generally, the documents do […]