Global regulators turn up the heat

The Quincecare duty: 35 years on, the debate has only just begun

The anti-fraud duty has gained recent prominence as upcoming legal challenges threaten to increase banks’ responsibilities in the context of increasingly sophisticated fraud.

Five key takeaways from the FCA’s AML crackdown in 2023

With AML compliance at the top of the FCA’s enforcement agenda for this year, we highlight important focus points for banks and other regulated firms operating in the UK.