Tag: UK

Financial institutions need a holistic approach to fraud prevention or are in danger of losses spiralling out of control, a new report for payments company Nets.

Number of millennials falling victim to scams designed to trick people into handing over cash to fraudsters is rising more than any other age group, according to a study from Lloyds Bank.

The UK’s Financial Conduct Authority (FCA) has released new rules requiring claims management companies (CMCs) ensure their advertsing does not mislead potential customers.

The UK’s Dedicated Card and Payment Crime Unit (DCPCU) has dismantled 13 organised crime groups (OCGs) within the first half of 2019, double the number in the same period last year.

Central Bank of Ireland has reportedly confirmed it will delay the roll out of Strong Customer Authentication (SCA) rules.

The UK Gambling Commission has penalized betting company Ladbrokes Coral Group for not putting up enough safeguards against money laundering and gambling harm. But it’s not finished yet.

Redland, which designs compliance solutions for financial services, has been selected by Natixis Investment Managers UK to support regulatory requirement needs.

The Financial Conduct Authority (FCA) has proposed a ban on contingent charging for pension transfer advice to protect consumers from so-called vulture advisers who only got paid if the transfer went through.

The UK’s Financial Conduct Authority has extended the Senior Managers and Certification Regime (SM&CR) to FCA solo-regulated firms.

NICE Actimize an autonomous financial crime management platform, has joined the UK Financial Conduct Authority’s Global Anti-Money Laundering and Financial Crime TechSprint.