When it comes to anti-money laundering (AML) compliance, having a robust risk assessment process is non-negotiable. You need a clear, practical, and adaptable framework that helps you identify, assess, and mitigate risks effectively. That’s where an AML risk management tool, specifically a well-designed AML risk assessment template, becomes invaluable. It streamlines your approach, ensuring you cover all critical areas without missing a beat. In this post, I’ll walk you through the key...

As regulators in the UK and EU set their priorities for 2026, firms face a fast-evolving compliance landscape. Enhanced scrutiny of risk-transfer structures, a redesigned prudential regime, a new EU-wide AML framework and intensified expectations around Consumer Duty and culture will shape the year ahead. This checklist highlights the four key areas compliance teams should focus on before year-end, along with practical actions to ensure your firm enters 2026 prepared and resilient.

"The recent Vanquis Bank sanctions failure should serve as a wake-up call for every insurance and reinsurance firm. When the UK's Office of Financial Sanctions Implementation (OFSI) disclosed that a designated individual's account remained active for eight days after being sanctioned, it highlighted how even well-resourced, FCA-regulated firms can fall victim to process breakdowns. For insurance and reinsurance brokers, the implications go far beyond banking scenarios.