fscom News and Events

Q&A of a Q&A: A breakdown of the EBA's recent SCA opinions

[fa icon='calendar'] 24-Feb-2021 17:11:43 / by Greg James posted in E-money, SCA, payments, Open Banking and SCA

[fa icon="comment"] 0 Comments

In this blog, Greg James simplifies the questions and answers provided by the EBA in their seven new Q&As on strong customer authentication and helps you to understand the impact, starting with those he believes are most consequential.

Read More [fa icon="long-arrow-right"]

fscom Appoints New Senior Manager to Payments Team

[fa icon='calendar'] 25-Jan-2021 12:46:35 / by fscom Team posted in fscom News

[fa icon="comment"] 0 Comments

fscom, one of the leading compliance firms for the regulated sector in the UK and Ireland is continuing to expand its Payments Team with the appointment of a new senior manager, Dipesh Patel.

Read More [fa icon="long-arrow-right"]

6AMLD – What are the key changes to the Sixth Anti Money Laundering Directive?

[fa icon='calendar'] 22-Jan-2021 09:48:26 / by Fred McDowell posted in cryptocurrency, fincrime, Cryptoassets, 6MLD

[fa icon="comment"] 0 Comments

In this blog, Fred McDowell, Senior Manager within the fincrime team in fscom, outlines the key changes in the 6th Anti Money Laundering Directive (6AMLD) and what it means for regulated firms in both the UK and the EU.

 

Read More [fa icon="long-arrow-right"]

Brexit Deal: What does it mean for UK financial services? Your Key Questions Answered!

[fa icon='calendar'] 20-Jan-2021 12:29:12 / by Jamie Cooke posted in BREXIT

[fa icon="comment"] 0 Comments

In this blog, Managing Director Jamie Cooke, who leads up the investments team in fscom shares his thoughts on the Brexit deal, the current situation facing financial institutions in the UK and what the agreement could mean for the future of the UK’s access to EU financial markets.

 

Read More [fa icon="long-arrow-right"]

BRIEFING: The UK Investment Firm Prudential Regime (IFPR)

[fa icon='calendar'] 15-Jan-2021 10:03:46 / by Jamie Cooke posted in FCA, Investment firms, MIFID II, Investments, IFPR

[fa icon="comment"] 0 Comments

In mid-December, the FCA issued a consultation paper (CP20/24) in which it set out the basis for the rules it intends to apply to the prudential requirements for UK investment firms authorised under MiFID II.

Read More [fa icon="long-arrow-right"]

Payments, financial resilience and wind-down plans

[fa icon='calendar'] 08-Jan-2021 14:26:36 / by Aoife Quinn posted in FCA, Payments sector, E-money sector, winddown planning

[fa icon="comment"] 0 Comments

Yesterday, the FCA published survey results that will not have surprised many in the sector. As at the end of October 2020, 4,000 financial service firms were identified with low financial resilience, with the Payments & E-money sector having the lowest proportion of profitable firms.

 

Certainly, this past year has brought many challenges for us all, and the picture for the sector, from what we see, is a mix bag of fortunes with some clients doing very well and others feeling the financial realities too keenly.

 

Read More [fa icon="long-arrow-right"]

REP018 – Your Key Questions Answered!

[fa icon='calendar'] 08-Dec-2020 11:15:36 / by Greg James posted in Regulatory compliance, Cybersecurity, REP018

[fa icon="comment"] 0 Comments

In this blog, fscom’s operational and security expert, Greg James takes the time to answer all your key questions in relation to REP018 – the operational and security risk assessment that all payment service providers (PSPs) must submit to the regulator at least once a year.

 

Read More [fa icon="long-arrow-right"]

New insolvency regime for payment and e-money institutions

[fa icon='calendar'] 04-Dec-2020 13:48:40 / by Alison Donnelly posted in Regulatory compliance, safeguarding, capital adequacy

[fa icon="comment"] 0 Comments

Yesterday HM Treasury issued a consultation on a proposed special administration regime for insolvent payment and e-money institutions.

Speed is clearly of the essence for the government as the statutory instrument was passed following only informal consultation with trade associations (and only comes into force next week[1]). This consultation is on the regulations and will close in six weeks’ time on 14 January. The rules of the regime will be published in a fortnight’s time and will be subject to consultation until 28 January.

 

Read More [fa icon="long-arrow-right"]

A simple guide to certifying staff under SM&CR

[fa icon='calendar'] 30-Nov-2020 12:36:41 / by Jamie Cooke posted in SMCR

[fa icon="comment"] 0 Comments

Within this blog, fscom’s Managing Director, Jamie Cooke discusses SM&CR, the revised timelines and shares a simple guide to certifying staff under the Senior Manager and Certification Regime.

Read More [fa icon="long-arrow-right"]

fscom achieves globally recognised certification, ISO 27001 for best practice in information security.

[fa icon='calendar'] 12-Nov-2020 16:46:19 / by fscom Team posted in fscom News, In the Media, Cybersecurity

[fa icon="comment"] 0 Comments

fscom achieves ISO 27001, demonstrating its unwavering commitment to enhancing the security of its information as we continue to work in the new ‘virtual reality’ to which we have all become accustomed.
Read More [fa icon="long-arrow-right"]

Subscribe to Email Updates

Recent Posts