There was an interesting, but mostly unreported, development this week on the regulatory front which may have significant repercussions for regulated firms.

There was a bit of good news this week in the seemingly never-ending war on scammers and financial crime.

The Financial Conduct Authority has outlined its plans to reduce and prevent financial crime as part of its 2023/24 Business Plan released today.

Wealth manager and Financial Planner St James’s Place (SJP) has upgraded its financial crime defences with an Artificial Intelligence (AI) solution.