On Friday 28 January 2022, the FCA published guidance on its website for ‘Heads of Compliance and MLRO applicant competency and capability’. The guidance can be found here. There is a clear reference to the importance of Training that is expected for people
This course is different to any other on this topic. Instead of focusing only on the various regulatory rules that are in place, it also considers how the culture of a firm, however positive it may be, may give rise to misconduct – both intentional and unintentional.