AML/CTF/CPF
Industry News
Therese Chambers was speaking at the AFME’s European Compliance & Legal Conference 2025.
Key takeaways from the speech include:
➡️ Enforcement as a growth strategy: The FCA is accelerating investigations and delivering high-profile convictions, including the longest insider dealing sentence ever imposed in the UK;
➡️ Proactive prevention: Tools like ScamSmart and Firm Checker empower consumers to make safer financial decisions;
➡️ Support for firms: The FCA is streamlining authorisations through digitisation and pre-application support, while being more assertive in rejecting firms that pose risks to market integrity;
➡️ Innovation and reform: Initiatives such as the AI Lab, Tech Sprints, and the Digital Securities Sandbox offer safe spaces for testing new ideas; and
➡️ International collaboration: The FCA is working with global regulators to tackle cross-border threats and shape crypto standards through IOSCO, FSB and FATF.
✅ Firms should review their financial crime controls and regulatory engagement strategies to ensure alignment with evolving expectations and to maintain stakeholder confidence.
