1 minute read
OSFI updated
Guidance For Breaches Of Financial Sanctions
The Office of Financial Sanctions Implementation (OFSI) has published updated guidance on enforcement and monetary penalties for breaches of financial sanctions, including details on OFSI's approach to assessing breaches of financial sanctions where an incorrect assessment of ownership and control of an entity is relevant to the commission of the breach.
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It also sets out examples and a principles-based approach for conducting due diligence and making assessments.
PIMFA welcomes abolition of pensions lifetime allowance
PIMFA outlines six-point plan to reform disclosure requirements in wake of PRIIPs reforms
PIMFA welcomes FCA proposals for core investment advice but warns they risk being undermined by unnecessary restrictions
PIMFA calls for Financial Conduct Authority to have greater role in protecting public from fraud
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Money Marketing: Treasury consultation on PRIIPs good news for advisers, experts say
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EVENTS & LEARNING
WEBINAR: CONSUMER DUTY THROUGH A TRAINING AND COMPETENCY LENS
30 March | 10:30 - 11:30
Pimfa Financial Crime Conference
LONDON
18 May | 10:00 - 18:00
Would your organisation be confident to hand over their Training & Competence records to the regulator? If asked, could your firm demonstrate the gap analysis and subsequent development plans for each new starter you’ve onboarded in the
The PIMFA Financial Crime 2023 gives attendees access to industry leading debates from professionals across the regulatory, law enforcement, innovators and providers in the Financial Crime space.
