Meeting the FCA’s expectations for payments and e-money firms – compliance monitoring

As regulators continue to ask more of the payments and e-money sector in areas such as wind-down planning, consumer duty, operational resilience, safeguarding and financial crime – firms are really starting to feel the pressure.

With the FCA’s recent portfolio letter also highlighting their desire to see effective governance arrangements, systems, controls and reporting mechanisms, how can you keep on top of multiple streams of activity and get a true read across of any associated risk?

In our webinar, we discussed

• The FCA’s direction of travel and impact on firms in the payments and e-money space.
• Practical, cost-effective steps you can take to monitor and manage your compliance risks.
• How to address some of the common challenges faced by firms as they grapple with designing and embedding an effective compliance monitoring plan (CMP).
• How your CMP can deliver value for your Board and investors as well as the regulators.