Consultation opens
25/04/2024
25/04/2024
Consultation closes
27/06/2024
We are consulting on proposed changes to our Financial Crime Guide.
We are proposing updates to the Financial Crime Guide in relation to sanctions, proliferation financing and transaction monitoring.
We are also proposing to add references to cryptoassets and the Consumer Duty, along with consequential changes throughout the Guide.
With these changes, we want to:
This Consultation Paper (CP) is relevant to:
It may also be of interest to:
This CP is targeted at firms and will be of limited relevance to consumers. Some consumers or consumer groups however may be interested in the Guide.
Send us your comments on the CP questions by 27 June 2024.
Use the online response form or write to us at the address below.
Address: Financial Crime Policy, Financial Conduct Authority, 12 Endeavour Square, London, E20 1JN
We will consider your comments and plan to publish feedback, along with the final amended text of the Guide, in a Policy Statement.
Your feedback will also instruct future updates to the Guide.
To make sure the Guide remains clear and supports firms, we will look to introduce further changes to the Guide through consultation, as needed. This will likely include updates to other chapters.
The Guide does not contain rules and imposes no new requirements on firms.
We expect firms to: