Financial Crime Compliance: Navigating the FCA Handbook Rules.

This presentation provides a concise overview of key FCA Handbook rules and guidance on financial crime compliance. It highlights the importance of effective systems and controls, adherence to business principles, and the responsibilities of approved persons in mitigating financial crime risks. The content offers practical insights for firms to align with regulatory expectations and enhance their compliance framework.

1. Understanding FCA Handbook
Rules on Financial Crime
An overview of the FCA's
expectations for financial crime
compliance. Learn the key
regulations, principles, and how
they apply to your firm.

2. Systems and Controls (SYSC)
Firms must establish and maintain
effective systems and controls to
counter the risk of financial crime.
SYSC 3.2.6R and SYSC 6.1.1R set the
foundation for compliance measures.

3. Anti-Money Laundering
(AML) Measures
Guidance on AML is outlined in SYSC
3.2.6AR to SYSC 6.3. Firms must
maintain systems to detect and
prevent money laundering risks.

4. Core FCA Principles
FCA’s key principles for financial
crime include integrity, diligence,
management, and regulatory
relations (Principles 1, 2, 3, and 11).

5. Statements of Principle
for Approved Persons
Approved persons must act with
integrity and are accountable
for FCA-controlled functions
under APER 2.1.2P.

6. Governance and Oversight
Establishing a governance
structure is vital to ensure
compliance and risk management
in financial crime.

7. Stay Compliant,
Stay Secure
For more in-depth guidance, visit
our blog Financial Crime article on
understanding the FCA handbook
rules for financial crime.