PS21/4: Extension of Annual Financial Crime Reporting Obligation

The Prudential Regulation Authority and Financial Conduct Authority issued Policy Statement PS21/4 to extend the annual financial crime reporting obligation for certain firms. This extension applies to firms that were previously exempt or had different reporting timelines, aligning their requirements with broader regulatory standards. The policy aims to enhance the regulatory oversight of financial crime risks by ensuring consistent and comprehensive data collection across the sector.

United Kingdom

Financial Conduct Authority

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CP20/17

24/08/2020

Consultation closed

23/11/2020

Policy Statement

31/03/2021

31/03/2021