A compilation of guides, how-to's, tips and more from CCL Academy's highly professional subject matter experts who have significant industry/practitioner experience.
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CASS Compliance: How has it evolved and what has caused the uptick in requests for CASS training?
In this article, Peter Haines discusses the evolution of CASS Compliance, how it was perceived then vs how it is perceived now, and what might be leading firms to spend more resources on CASS training. -
Diversity & Inclusion: An update following the FCA’s announcement
In this article, Michael Sacks, Director of Learning & Development shares some valuable insights following the FCA’s recent letter regarding its diversity and inclusion proposals. -
Non-Financial Misconduct: 3 things your firm should be doing now
When released, the FCA’s Policy Statement on Non-Financial Misconduct (NFM) will be a significant regulatory initiative. In anticipation of the Policy Statement, Peter Haines, Director of GRC Training, recommends that firms do the following to ensure they are prepared: -
The offence of failure to prevent fraud – what it is and what should Senior Managers and the Board do now?
With less than nine months until the new corporate offence of failing to prevent fraud becomes law, organisations should be thinking now about how to ensure that they will be compliant with the requirements by 1st September 2025. In this... -
What is the offence of failure to prevent fraud and does it affect my firm?
The Economic Crime and Corporate Transparency Act (ECCTA) received Royal Assent in December 2023. The Act included a new corporate offence of a failure to prevent fraud. In November 2024 the government issued guidance relating to the new offence and... -
What led TD Bank to receive the largest fine to date under AML law, and what should financial institutions do now?
On October 10th 2024, US Attorney General, Merrick B Garland, announced that TD Bank had pleaded guilty to multiple felonies under the Bank Secrecy Act and Money Laundering Conspiracy violations. TD Bank agreed to pay a total penalty of just... -
Dealing with PEPs: Examples of good practice
The FCA’s recent review on how effectively firms are following its 2017 Guidance on the treatment of Politically Exposed Persons (PEPs) includes examples of good practice in certain areas. In this article, Bruce Viney delves into some of the examples... -
A guide to dealing with PEPs following the FCA’s findings of its multi-firm review
The FCA recently published findings of its review on how effectively firms are following its 2017 Guidance on the treatment of Politically Exposed Persons (PEPs). The review findings are significant for financial firms dealing with PEPs and at a minimum,... -
FCA Review of Outcomes Monitoring
On 26th June, the FCA published its “Insurance multi-firm review of outcomes monitoring under the Consumer Duty”. In this article, Nigel Sydenham outlines some of the key takeaways from this review, including the FCA’s expectations regarding outcomes monitoring and how... -
Upgrading your Consumer Duty training in 2024: Do’s and don’ts
As we approach the first anniversary of the Consumer Duty, the FCA’s message has been clear – implementation of the Duty is not a ‘once and done’ exercise, rather firms need to be improving continuously. While you may feel positive... -
What is the FCA’s new Anti-Greenwashing Rule and how does it apply?
In November 2023, the UK FCA confirmed that it would be introducing various measures relating to sustainability disclosures, including a new set of labels for investment funds, as well as a new ‘Anti-Greenwashing’ (AGW) Rule. The AGW rule is the... -
The Economic Crime and Corporate Transparency Act: What it is and what firms should be doing
The Economic Crime and Corporate Transparency Act (ECCTA) received Royal Assent on 26th October 2023. A proportion of the Act, mainly that relating to Companies House, came into effect on 4th March 2024. In this article, Bruce Viney discusses what...