About a-team Marketing Services
The knowledge platform for the financial technology industry

A-Team Insight Briefs

HMRC Releases List of Firms in Breach of AML Regulations

Subscribe to our newsletter

HMRC on March 4,2019 published a list of nine businesses issued with penalty notices for the 2018-19 tax year, for failing to comply with the new 2017 Money Laundering Regulations. Five penalties were enforced by HRMC between June 2017 and October 2018 under the 2017 regulations, to the value of £1,390.80. A further 545 penalties were enforced under the 2007 AML regulations over the same period, to the value of £2.54 million.

The FCA is believed to have given notice to hedge funds to expect FCA AML investigators within the next month.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: MiFID II: Data for best execution

Markets in Financial Instruments Directive II (MiFID II) strengthens the best execution requirement embedded in MiFID by expanding disclosure. Among the directive’s requirements are provisions to ensure investment firms provide appropriate information to clients on their order execution policy and publish a list of the top five execution venues used in the previous year for...

BLOG

Could AI Create a Judgement Gap in Financial Crime?

By Rob Cutler, Managing Director, NexusAML. AI is changing financial crime operations quickly. Routine screening, data analysis and case preparation can increasingly be automated, allowing analysts to focus their time on work that requires more investigation and judgement. That shift should improve efficiency. But it also raises a less obvious question. If AI takes on...

EVENT

ExchangeTech Summit London

A-Team Group, organisers of the TradingTech Summits, are pleased to announce that the second ExchangeTech Summit London will take place in May 2027. This dedicated forum brings together operators of exchanges, alternative execution venues and digital asset platforms with the ecosystem of vendors driving the future of matching engines, surveillance and market access.

GUIDE

Regulatory Data Handbook 2026 – Fourteenth Edition

Welcome to the fourteenth edition of A-Team Group’s Regulatory Data Handbook. Supervisors increasingly expect firms to demonstrate which rules apply, which data supports each obligation, who owns the control and how exceptions are identified and resolved. Policies and implementation programmes must now be supported by records that can withstand regulatory scrutiny. This edition examines material...