The results of the first FCA annual financial crime survey of over 2,000 UK firms, across the financial sector, are available below. The survey gives a collective view of the activity being undertaken by firms in the UK to combat financial crime across the industry.
The survey covers four main areas:
- the number of customers deemed to pose a higher risk of financial crime
- an overview of the work that industry is doing to tackle financial crime
- industry views on fraud risks
- firms’ view of country risks
Firms submitted returns to the survey during 2017, providing data for the previous 12-month period.
Understanding the data
The responses of individual firms to the survey are confidential, so have been aggregated by the FCA and represent a collective view of the industry.