Speech by Tracey McDermott, Director of Enforcement & Financial Crime, the FCA, at the FCA Financial Crime Conference, London. This is the text of the speech as drafted, which may differ from the delivered version. Tackling financial crime is a key part of the FCA’s remit.   Access to legitimate financial services is a key mechanism […]

Speech by Martin Wheatley, Chief Executive, the FCA, at the FCA Financial Crime Conference, London. This is the text of the speech as drafted, which may differ from the delivered version. Thank you Ron. It’s a pleasure to welcome everyone to today’s FCA conference. Those of us who’ve been in or around financial services for […]

Following the publication of the Financial Action Task Force’s (FATF) guidelines on money laundering and terrorist financing the president of FATF, Bjørn S. Aamo, has given a speech to the Eurasian Group (EAG) Plenary on the implementation of these recommendations. In particular the speech emphasised the importance of mutual evaluation and financial inclusion in combating […]

 I do not think that when you were organizing this programme, you thought that the topic of financial crime would be so much in the limelight. But as you all know, the past two months have been challenging for the country with the outburst of the ponzi schemes scandal which has revealed the extent to […]

 The European Commission have published a speech by Cecilia Malmström on ‘Anti-money laundering as part of the fight against organised crime’. During the speech Ms Malmström outlines a number of AML initiatives for the coming year. Of particular interest Ms Malmström said that the final decision had yet to be made on whether to propose a […]