SAFEGUARDING WEBINAR:

Following the recent FCA letter to e-money and payment service providers on safeguarding, fscom and Cashfac have partnered to explore the fundamental issues these institutions face and how to rectify them in this webinar. Register here to view the on demand webinar today. 

Alison Donnelly, Director of fscom, outlines why regulatory requirements for safeguarding of customers’ money is so important, what governs them and what will likely happen next.

James McGivern, Head of Non-Bank Financial Institutions for Cashfac, outlines the 8 key elements of system solutions required to address the requirements of the regulations.

Listen to this on demand webinar today!

Register your details to listen now!

FCA Safeguarding Arrangements

The deadline for the attestation for payment institutions (PIs) and e money institutions (EMIs) confirming you are satisfied with your safeguarding arrangements was 31st July 2019. 

Safeguarding is now very much within the FCA's regulatory focus. We work with PIs and EMIs every day and therefore we understand that safeguarding is not without its complexity. There are often queries on what funds are relevant, when the obligation begins and ends and when reconciliation should happen. In fact, we recently wrote to the FCA voicing these concerns on behalf of the industry. 

Download FCA Safeguarding Paper 

We are hosting a client briefing on safeguarding on 5th September 2019 in 99 Bishopsgate, London. You can sign up for your free place here today.

Safeguarding Client Briefing
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We are specialists in providing regulatory advisory services to a broad range of financial services institutions including payment services and e-money, challenger banks, cryptocurrency, and investment firms.
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We work across three core areas of regulatory compliance, financial crime and cyber security and provide a range of services including compliance advice, authorisations, audits, interim roles and compliance training.

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At fscom, we strive to offer excellent service in a professional and personable manner. We deliver this through our unrivalled understanding of financial services regulation and a strong emphasis on taking a commercial and innovative approach that puts our clients’ needs first.
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