The Wealth Management Financial Crime Compliance Programme – Meeting FCA Expectations in 2025 & Beyond

The Challenge 

The fight against financial crime never stops.  

A rapidly changing threat landscape, alongside increasing regulatory demands, challenges all wealth managers and advice firms to craft an effective and efficient anti-financial crime programme that is not only proportionate to their risk environment and commensurate with the size and nature of their operation but also fully compliant with FCA expectations.  

The Solution 

PIMFA’s monthly ‘Wealth Management Financial Crime Compliance Programme’ ensures senior managers, MLRO/DMLOs, Heads of Compliance, compliance officers and legal professionals don’t just keep up to date with key changes and regulatory deadlines, but develop the clarity, direction and insight they need to design an effective and efficient anti-financial crime control framework that protects their firm, creates value and enhances revenue opportunities. The programme offers examples of industry best practice solutions on issues like firm-wide risk assessments, transaction monitoring, PEPs, sanctions and adverse media.  

Benefits for you 

This monthly CPD-approved programme develops your skills and competencies to: 

• Effectively implement and respond to FCA requirements  

• Identify and address vulnerabilities in your approach to financial crime compliance  

• Thoroughly prepare your firm to respond to key regulatory changes in 2025 and beyond 

• Ensure your enterprise-wide risk assessment focuses on real risks and drives positive organisational change 

• Follow industry best practice approaches to KYC, CDD, EDD and ODD.  

• Calibrate your financial crime controls, policies and control frameworks to your firm’s risk profile 

Benefits for your firm 

For your firm, this programme: 

• Delivers clarity, structure, and confidence that your approach to financial crime compliance keeps pace with changing regulatory expectations  

• Challenges you to identify and make essential changes to the firm’s approach to financial crime compliance before the FCA does.  

• Optimises your three lines of defence to mitigate financial crime risk management gaps and duplication of unnecessary risk coverage. 

• Supports leaders to design and deploy a financial crime compliance strategy that supports business growth.  

• Provides practical advice on developing an enterprise-wide risk assessment to focus on real risks to drive positive organisational change.

Expert-led learning and support 

Co-created with former regulators and industry experts from advisory firm Avyse Partners, senior legal professionals at Shoosmiths and technologists from Malverde and ID Pal this programme delivers real-time insights and practical lessons drawn from their direct work with firms and ongoing dialogue with the FCA. Through their collective wisdom and experience, you’ll gain access to proven tools, strategies, and analytical frameworks you can immediately use to manage financial crime risks in your firm proactively.  

Is this programme for you?

Staying ahead of financial crime is essential. Whether you’re managing an incident or meeting regulatory obligations, thinking ahead can make all the difference. This timely and topical programme combines thinking with doing, providing a comprehensive set of strategic and practical skills to ensure your compliance is both resilient and responsive. You’ll learn invaluable tools and tactics that you can implement straight away — whether dealing with internal stakeholders, the board or the regulator.

Individuals who will gain most from this programme include, but are not limited to:

• Heads of Compliance
• Money Laundering Reporting Officer (MLRO)
• Deputy Money Laundering Officer (DMLRO)
• Heads of Legal and Regulatory Change
• Managers with responsibility for fraud, financial crime and AML controls
• Risk managers
• Advisory and investigation roles
• Internal audit and regulatory staff

This programme is for you if you want to:

• Reduce your risk exposure: Our instructors are ‘in the trenches’ every day identifying and mitigating risks for firms – update your learning to reflect what’s happening now, not last year.
• Do what matters most: As a financial crime compliance professional you’re up against it, we get it. Each session provides you with clarity and focus to separate the urgent from the important.
• Spot risks before they become threats: Work hand-in-hand with trusted experts to avoid regulatory misalignment and best meet your financial crime.
• Become a more effective financial crime compliance leader: A robust blend of presentations, case studies, debates and small group discussions are key programme features that will help you learn to think on your feet, sharpen your analytical skills, and make critical decisions in real-time.
• Benchmark your compliance efforts: See how your firm’s approach to financial crime stacks up against industry standards and peers across various aspects, including sanctions, money laundering, fraud & cybercrime.
• Demonstrate your commitment to continuous learning: Knowledge is power with this CISI-approved programme that gives you 12 CPD hours.