FCA to Take Over AML Supervision: Is It Time NI Firms Went Digital?

FCA to Take Over AML Supervision: Is It Time NI Firms Went Digital?

AML supervision is shifting from the Law Society of Northern Ireland to the FCA, bringing new fit-and-proper checks, a new fee structure, and a tougher supervisory culture. Here's what NI solicitors need to know, and why manual compliance processes won't be enough to keep up.