Compliance Monitor

While the car finance mis-selling scandal has shone light on hidden commissions, public discussion has failed to lift the bonnet on problems embedded in underlying loan structures. Dr Asta Zokaityte examines Personal Contract Purchase agreements through the lens of consumer credit law.

Planned reforms to bring stablecoins into the regulatory fold have opened a door to greater participation in the digital asset economy for banks and payment firms, along with cultural challenges for crypto-native players. Charlotte Hill examines FCA consultation paper 25/14, Europe's MiCA framework and the implications for compliance professionals.

With protections for struggling borrowers now embedded in the regulatory handbook, boards must actively monitor outcomes experienced by their customers. Sophie Espinasse reports on building a data-driven compliance framework that meets FCA expectations.

Vanquis, a "specialist finance provider for financially underserved customers", has received a public telling-off from the Treasury sanctions regulator for infringements relating to a customer who posed terrorist financing risks. Though the amount involved was small, the case provides bigger lessons for firms, reports Denis O'Connor.

The EU AI Act and other emerging artificial intelligence literacy requirements mark a significant shift for compliance teams. Ignorance is not a defence; organisations must actively ensure staff understand the tools they use and the risks involved, says Jonathan Armstrong.