FCA Publishes Regulation Round-Up

On May 27, the Financial Conduct Authority (FCA) published its May issue of regulation round-up, a newsletter providing details of the FCA’s recent activity.

One issue identified in the regulation round-up is the weakness of many smaller banks’ anti-money laundering safeguards, in particular with regard to the identification and management of high-risk customers and the monitoring of transactions.  Regulation Round-Up.