The FinCrime Connection

The FinCrime Connection UK - November 2025

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This month, we examine proposed regulatory changes, enforcement findings, and practical intelligence resources for UK financial institutions. In this episode:

  • Draft Money Laundering Regulations signal practical changes ahead – Expected to take effect in Q1 2026, the amendments refine Customer Due Diligence triggers, narrow Enhanced Due Diligence requirements to focus specifically on the highest-risk jurisdictions, and clarify transaction monitoring guidance. Once finalised, use these changes as a prompt to review your Enterprise-Wide Risk Assessments, policies, procedures, and training.
    • FCA review exposes financial crime control gaps in corporate finance – The review reveals that two-thirds of firms may be non-compliant with AML requirements. Key findings include 10% of firms not retaining Customer Due Diligence evidence and 29% of principal firms skipping financial crime risk assessments for appointed representatives. Whilst targeting corporate finance specifically, these themes translate across financial services firms.
      • NCA's SARs Reporter Booklet brings compliance to life – The latest edition offers valuable case studies that strengthen detection capabilities and team training. Use these real-world scenarios to examine your own vulnerabilities and ensure appropriate controls are in place, particularly for transaction and customer monitoring.

        • Excellence in financial crime prevention starts with getting the basics right consistently, then refining your approach as regulations evolve.

        Hosted by: Claire, Global Financial Crime Regulatory Specialist Phil, Business Development Manager at ThirdEye •

        Read the full blog post: https://www.jadethirdeye.com/resource...

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        About ThirdEye We partner with mid-sized banks, building societies, lenders, and credit unions across the UK, Australia, and New Zealand to fight financial crime. Our flexible transaction monitoring, customer screening, and case management solutions adapt to your risk landscape, backed by local support teams who understand your compliance environment. Learn more: https://www.jadethirdeye.com/

        #FinancialCrime #AML #Compliance #FCA #MoneyLaunderingRegulations #NCA #ThirdEye #UKCompliance

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        The FinCrime ConnectionBy Jade ThirdEye

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