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FCA: First Supervisory Notice: BeAccount Ltd

13 Mar 2026 (First published: 26 Jan 2026) United Kingdom 1 min read

FCA has published this First Supervisory Notice (dated December 2025) which sets out a number of requirements on the firm, which has been prohibited from carrying out any e-money/payment services and ordered to return relevant funds.  FCA states that it is not satisfied that the firm has the operational effectiveness and adequacy required to be able to identify, manage, monitor and report the risk of its business being used to facilitate financial crime.


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