Neopay

JUNE 3, 2024

Key considerations for a successful CiC Due Diligence : Prior to pursuing a CiC, thorough due diligence is essential. Consumer Duty policies : Ensuring the firm’s consumer protection policies are robust and up-to-date. As such, the FCA evaluates both the acquirer and the target firm comprehensively.

Due Diligence 52

Due Diligence Acquirers Regulatory Compliance Regulations 52

The Payments Association

OCTOBER 11, 2024

The proposals will impact authorised payment institutions, e-money institutions, and other relevant firms, with a broader interest for consumers, insolvency practitioners, and legal professionals. Additionally, the FCA advises firms to diversify their third-party risks.

Due Diligence 88

Due Diligence Audit Reconciliation Compliance 88

Neopay

JUNE 27, 2024

Many in financial services have been concerned that some elements of the FCA’s more stringent approach may not always be justified by reductions in financial crime and money laundering or consumer protection. Consumer Duty: One crucial aspect to consider when preparing your application, is compliance with the Consumer Duty.

Financial Crimes 52

Financial Crimes Money Laundering Compliance Crime 52