The Financial Services Authority takes a pro-active role in regulating compliance with money laundering requirements. This is underpinned by a high level objective in primary legislation obliging the FSA to monitor, detect and prevent financial crime.

The FSA have the power to make rules in relation to money laundering and bring criminal prosecutions for breaches of the UK’s money laundering regulations that are applicable to internal systems and training.

Compliance and fraud prevention functions have been thrust into the front line. Whether it is protecting systems against criminal misuse, or ensuring that sales teams work to the highest ethical standards, the price of failure, in systems or controls, is high.

How we can help

Safeguarding the integrity of your business is good business. That is why we have developed a range of advisory, training and ‘corrective action’ services for all of those involved in corporate compliance.