API Compliance blog

The Financial Conduct Authority has published the findings of its review into sanctions systems and controls across more than 150 firms, providing insight into the standards it expects regulated businesses to meet.…

The message from UK regulators is straightforward: firms should treat frontier AI as a cyber-resilience issue today. In a joint statement, the FCA, Bank of England and HM Treasury warn that frontier…

The Financial Conduct Authority (FCA) has published Consultation Paper CP26/13, setting out draft guidance on how firms should determine whether their cryptoasset activities fall within the UK regulatory perimeter. The consultation forms…

The UK whistleblowing framework is evolving through both recent legislative change and proposed reform. The Employment Rights Act 2025 introduces clearer protections for workers who report sexual harassment, with the change expected…

The UK Financial Intelligence Unit (UKFIU), part of the National Crime Agency, has published updated Suspicious Activity Reports (SARs) Best Practice Guidance and consolidated its materials into a single Guidance Library.  For…

The Financial Conduct Authority (FCA) has published three Consultation Papers (CP) setting out how a future regulatory framework for cryptoassets could operate in practice. Together, the proposals show how the UK intends…

The FCA has published Policy Statement PS25/19: Improving the Complaints Reporting Process, setting out final rules to simplify and standardise how firms report complaints data. The reforms will introduce a single, unified…

In November 2025, the Financial Conduct Authority (FCA) published its findings from a multi-firm review into how firms identify, assess, and manage financial crime risks. The review focused on business-wide risk assessments…

The UK government has announced that from 09:00 GMT on 28 January 2026, the UK Sanctions List (UKSL) will be the only sanctions list which details sanctions designations published by the UK…

Romance fraud is a growing form of financial crime in the UK, and one of the most personal and challenging to tackle. The Financial Conduct Authority (FCA) last month published the findings…

This summer, the UK government opened a consultation on a significant change to the way payment systems are regulated. The proposal sets out plans to integrate the functions of the Payment Systems…

In July 2025, the Financial Conduct Authority (FCA) published the findings of its review into digital design in customer acquisition journeys, with a particular focus on the consumer credit sector. For most…

The Royal United Services Institute (RUSI) has published new research by Kathryn Westmore and Allison Owen examining the central role of money mules in authorised push payment (APP) fraud. The report highlights…

The National Crime Agency (NCA) and the Financial Conduct Authority (FCA) have published a joint list of nine priority areas in the fight against economic crime. These priorities guide the regulated sector…

In June 2025, the Financial Action Task Force (FATF) agreed significant updates to Recommendation 16, also known as the Travel Rule, aimed at increasing the transparency and security of cross-border payments. These…

The Financial Conduct Authority (FCA) has published a new good and poor practice document focused on pricing transparency in international payments. The guidance forms part of the FCA’s broader efforts to embed…

On 28 April 2025, HM Treasury published a draft of the Payment Services and Payment Accounts (Contract Termination) (Amendment) Regulations 2025, alongside an explanatory memorandum. The proposed legislation forms part of the…

On 3 April 2025, the Office of Financial Sanctions Implementation (OFSI) published its first Legal Services Threat Assessment. While the report focuses specifically on the legal sector, many of the risks and…

In April 2025, the Financial Conduct Authority (FCA) published its new five-year strategy, outlining its priorities through to 2030. The strategy sets out how the regulator intends to meet its statutory objectives…

On the 16th of January 2025, Nikhil Rathi, chief executive of the Financial Conduct Authority (FCA), wrote to Prime Minister Keir Starmer laying out the regulator’s new strategic direction to better support…