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Our thinking

Payment service providers: what UK AML compliance actually requires

The UK’s Payment Services Regulations 2017 (PSRs 2017) define the legal and operational perimeter for firms providing payment services in the UK. They establish which payment service providers can operate as a Payment Institution (PI) or Electronic Money Institution (EMI), what authorisation they require, what conduct standards apply, and how customer funds must be safeguarded. … Continued

Politically exposed persons check: best practices for UK compliance teams

A politically exposed person’s check sits at one of the more demanding intersections in any AML programme. Most compliance teams can screen a standard customer in seconds, but PEPs are a different matter entirely. Political figures operate across hundreds of jurisdictions, hold different titles in different legal systems, and move in and out of roles … Continued

Perpetual KYC: The compliance edge fintechs need before launch

Explore how the FCA Regulatory Sandbox is accelerating AML/KYC innovation through Perpetual KYC, Explainable AI, and synthetic data testing for fintechs.

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