Episode Details

The Financial Crime Guide (FCG) from the Financial Conduct Authority (FCA) offers practical guidance to firms on countering financial crime risks. It covers various crime types, including money laundering, fraud, bribery, and sanctions breaches, providing examples of good and poor practice. The guide emphasizes a risk-based approach, highlighting the importance of governance, risk assessment, policies, procedures, and staff training. It also references relevant legislation and other guidance documents, incorporating case studies to illustrate key points and consequences of non-compliance. Finally, it includes a glossary of common terms.