Event Details

The regulatory landscape for Money Service Businesses continues to evolve, with court decisions, regulatory developments and FCA supervisory approaches shaping the way businesses operate and manage compliance.

Join Mr. Wasif Mahmood, Solicitor – Financial Crime at 5 Pillars, for an insightful webinar exploring the latest developments in case law, the FCA's regulatory powers and its approach to supervising Money Service Businesses.

Drawing on his experience in financial services regulatory compliance, commercial litigation and financial crime, Wasif will share practical insights to help MSBs understand their regulatory responsibilities, identify potential risks and strengthen their compliance frameworks.

About the Speaker

Mr. Wasif Mahmood – Solicitor, Financial Crime, 5 Pillars

Wasif Mahmood has a varied commercial litigation practice, working with high-net-worth individuals and businesses ranging from family-run businesses to publicly listed entities.

He has developed specialist experience in contentious and non-contentious regulatory matters, particularly involving the Financial Services and Markets Act (FSMA) and Regulated Activities Order (RAO).

His expertise includes payment services regulatory compliance, BCOBS, COBS, Payment Services Regulations (PSRs), PSD2 harmonisation, FCA Handbook requirements, CONC and the Consumer Credit Act (CCA).

He also advises businesses bringing financial products to market and has supported fintech companies and authorised firms through the FCA Sandbox, particularly in relation to innovative Distributed Ledger Technology (DLT) products.

Who Should Attend?

This webinar is particularly relevant for:

• Money Service Business owners and directors.
• Compliance Officers and MLROs.
• Money remittance and currency exchange businesses.
• FCA-authorised and registered payment institutions.
• Financial crime and regulatory compliance professionals.

Stay informed, understand your regulatory responsibilities and keep up with the latest developments affecting the MSB sector.