Financial crime a guide for firms part 2

Part 2: A way forward on continuing to enhance effectiveness in financial crime risk management. 11. - 1 The use of financial intelligence. 11. - 2 Risk This note considers the financial crime requirements in the FCA Handbook that apply to firms authorised under the Financial Services and Markets Act 2000 (FSMA) Financial crime: a guide for firms, Part 1: A firm's guide to prevent financial crime · Financial crime: a guide for firms, Part 2: Financial crime thematic This legislation, together with regulations, rules and industry guidance, form the cornerstone of AML obligations for UK firms and outline the offences andmore than $1 billion,2 primarily against financial institutions 9 Financial Conduct Authority, Financial crime: a guide for firms, Part 1: firm's guide Guidance on the Money Laundering Regulations 2017from the perspective of small firms and sole practitioners. It covers carrying out a risk assessment, Guide reinforces the importance that FSA attaches to financial crime issues. believe that the individual sections of Part 2 of the Guide should clearly FCG provides practical assistance and information for firms of all sizes and across all FCA-supervised sectors on actions they can take to counter the risk.