View this consultation in the FCA tracker table
We are consulting on proposed changes to our Financial Crime Guide.
Why we are consulting
We are proposing updates to the Financial Crime Guide in relation to sanctions, proliferation financing and transaction monitoring.
We are also proposing to add references to cryptoassets and the Consumer Duty, along with consequential changes throughout the Guide.
With these changes, we want to:
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help firms understand what we expect
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help firms assess the adequacy of their financial crime systems and controls
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remedy deficiencies
Who this is for
This Consultation Paper (CP) is relevant to:
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all FCA financial crime supervised firms
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firms that we supervise under the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (MLRs), including cryptoasset businesses
It may also be of interest to:
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individuals and organisations working with firms subject to FCA financial cri