Financial Crime
Protecting against activities like fraud, money laundering, and market abuse, threatening financial system integrity and consumer protection.
Visit the Financial Crime dedicated microsite on this topicECCTA Information Sharing Guide
The Economic Crime and Corporate Transparency Act 2023 (ECCTA) is a major piece of UK legislation that received Royal Assent in October 2023, aimed at preventing the abuse of corporate structures and strengthening the fight against economic crime. It builds upon the earlier Economic Crime (Transparency and Enforcement) Act 2022. In collaboration with Macfarlanes, this ten-page practical guide aims to raise awareness of the ECCTA information sharing gateways, provide clear, practical explanations of how the provisions operate and give firms the confidence to use them appropriately and proportionately.
PIMFA response to Home Office Call for Evidence on Economic Crime Information Sharing
PIMFA response to Cabinet Office CP on Digital Identity
From Tick Box to Decision Tool – Rethinking Financial Crime Risk Assessments
Read this article from the PIMFA Journal #33 by Priya Giuliani at HKA about Rethinking Financial Crime Risk Assessments
PIMFA Queries Compendium
This Queries Compendium represents PIMFA’s first publication bringing together a selection of the queries raised by our member firms over the past two years. The queries encompass a wide range of regulatory and operational topics, and we have included those that remain most pertinent and of continuing value to our membership.
PIMFA Journal #32
Read here the PIMFA Journal #32, featuring nine articles of thought leadership on a current industry topic of interest from PIMFA Associate members, looking at topics such as AI, Innovation, Non-Financial Misconduct, Appointed Representative risk/insurance, Targeted Support, Cyber Threats Facing UK Financial Firms, Insurer & Underwriter Attitudes on IFA Firms Advising on Inheritance Tax (IHT) Products, Going Beyond Index Data and What Better Data Could Do For You
Journal #28
Discover here the PIMFA Journal #28 with articles from our members
THE ECONOMIC CRIME AND CORPORATE TRANSPARENCY ACT 2023
Discover the 2024 Explanatory Memorandum on the Economic Crime and Corporate Transparency Act 2023. Understand financial penalties under the Companies Act 200
Financial Crime: Wolfsberg Group statement on countering terrorist financing
Discover the 2024 Wolfsberg Group statement on Countering Terrorist Financing, outlining financial institutions' roles and key compliance controls for effective CTF
HM Treasury: Anti-money laundering and countering the financing of terrorism – supervision report
Discover the HM Treasury's eleventh annual supervision report, detailing AML and CTF performance from April 2022 to April 2023, including key supervisory changes and fines
PIMFA Journal Edition #31
Read here the PIMFA Journal #31, featuring nine articles written by PIMFA Associate member firms on current industry topics of interest, relevant to their firms’ operations, Topics include AI, Senior Management Functions, Women Investors, Private Investment, CCI Product Summaries, Data, M&A, Back Office as a Strategic Asset
PIMFA Groups Infographic
Read here the updated PIMFA Groups infographic, showing the structure involved