The FCA has recently launched consultation CP15/18 which sets out their proposed regulatory structure for Claims Management Companies (CMCs).  The announcement also confirmed that jurisdiction for complaints would move from the LeO to the Financial Ombudsman Service (FOS); although one wonders how they will cope with an increased number…

With conflicting advice still available on the ICO website there seems to be a lot of confusion around exactly what a data subject is entitled to when they exercise their right of access under GDPR. Many data subjects still seem to think that this right entitles them to…

It is very easy to silo oneself when immersed in the world of investigating money laundering and to forget that actually it isn’t just about currency, commodities and hidden profits, but it’s about people. I have investigated a plethora of cases during my career and the focus is…

25th May….  It’s the date we have all been working towards, some of us for many months. But what happens on 26th May, and the day after that? Well, initially we all have a well-deserved rest over a bank holiday weekend, and then it’s business as usual from Tuesday…

At the recent Teal Annual Conference, I spoke to the delegates about Technology in Compliance. I’d like to pose some of the questions we talked about during the session. How would your firm answer? How do your current systems and processes work for you? As a firm, are…

With just 14 working days to go until GDPR implementation day, what should you be focusing on? At our conference on 26th April, 57% of those attending said they had nearly completed all of the changes they needed to make in advance of 25th May, 4% stated that…

I recently presented at a GDPR and Cybercrime training session for a wonderful group of Fee Earners, who are members of a Barristers Chambers. During training I was asked some very interesting questions and as a group these issues were openly discussed. I was so impressed with the healthy discussions, I thought I…

Call me pedantic, but I like precision when I’m talking about compliance. Don’t get me started on 5MLD (which does not currently exist!). Yesterday I was invited to speak at the Internet of Agreements conference on Identity. I was giving the legal perspective, specifically around AML/KYC. The…

Understanding and complying with ‘adequate procedures’ as detailed in the Bribery Act legislation, was highlighted in the recent conviction of London-based Skansen Interiors Limited in March 2018. It is the first time a UK Jury has had to consider what “adequate procedures” should be for the purpose of a defence…

With less than 50 working days until GDPR takes effect on 25th May 2018, many businesses are starting to consider the ‘hot topic’ of whether their marketing lists will still be valid.  But it’s not just GDPR that needs to be considered…… Current Rules (up until 25th May 2018)…