At A Glance: FCA Dear CEO Letter to Payment and E-Money Firms

Fiona Jelly Founder What’s New? On 16 March 2023, the FCA wrote a Dear CEO letter to Payment and e-Money firms highlighting deficiencies and concerns with the sector and the need for firms to take action. "We remain concerned that many payment firms do not have sufficiently robust controls and... that presents an unacceptable risk of harm to their...