FCA Compliance
FCA AML compliance — obligations mapped to platform capabilities
RegSynq is built against the FCA's AML supervisory expectations. MLR 2017, PSRs 2017, and JMLSG guidance — each obligation mapped to a specific platform capability.
Regulatory Framework
UK AML regulatory framework for payment firms
MLR 2017
Money Laundering Regulations 2017 — the primary AML/CTF legal framework for FCA-supervised firms. Sets CDD, EDD, transaction monitoring, and SAR filing obligations.
PSRs 2017
Payment Services Regulations 2017 — payment-specific obligations including fraud monitoring, information-sharing on suspicious transactions, and payer/payee data requirements.
JMLSG Guidance
Joint Money Laundering Steering Group sector guidance — the FCA's expected interpretation of MLR 2017 for payment service providers. RegSynq typologies are aligned to Part II sector guidance.
Obligation Mapping
FCA requirement → RegSynq capability
| FCA / MLR 2017 Requirement | Relevant Regulation | RegSynq Capability |
|---|---|---|
| Transaction monitoring for unusual patterns | MLR 2017, Reg. 28 | Transaction Monitoring — FCA typology rule sets |
| Suspicious Activity Reporting to NCA | POCA 2002, s.330 / MLR 2017 | SAR Auto-Filing — within regulated window |
| Customer Due Diligence | MLR 2017, Regs. 27–38 | Customer Risk Scoring — dynamic CDD/EDD |
| Enhanced Due Diligence — high-risk customers | MLR 2017, Reg. 33 | Automatic EDD trigger on risk score threshold |
| Sanctions screening | Sanctions and Anti-Money Laundering Act 2018 | Sanctions Screening — OFSI + UN + EU + OFAC |
| Record-keeping — minimum 5 years | MLR 2017, Reg. 40 | Immutable audit log with export capability |
| FCA supervisory evidence | FSMA 2000, s.165 | Evidence pack export — per SAR, per period |
Inspection Readiness
FCA inspection readiness — from day one
RegSynq generates complete compliance evidence in formats the FCA expects: rule decision logs, SAR filing timelines, EDD trigger records, and sanctions screening outcomes — all exportable on demand.
MLR 2017 compliance infrastructure with a complete FCA-facing audit trail.
Request trial access and our compliance team will configure RegSynq for your transaction profile.