FCA publishes systems and controls advice on sanctions
The FCA is auditing how supervised firms manage their compliance systems – we take a look at good and poor practices.
Following the expansion of the UK’s sanctions regimes in response to Russia’s invasion of Ukraine in 2022 and the recent broadening of trade sanctions, FCA has been actively reviewing the sanctions systems and controls of supervised firms.
In a report published on May 28, 2026, the FCA sets out its findings from