Rachel Wolcott
Rachel Wolcott is a respected financial journalist and podcaster with a reputation for breaking news and investigative work.
Rachel Wolcott is a respected financial journalist, author and podcaster who brings her reputation for breaking news and investigative work to the Co-Founding Editor role at Compliance Corylated.
Most recently as Senior Editor at Thomson Reuters Regulatory Intelligence, Rachel has specialised in areas including the UK Financial Conduct Authority (FCA), Brexit-related financial service policy change, regulatory reporting, financial crime, market infrastructure, and cryptocurrency.
All articles
11 articles
Market Abuse
Personal account dealing breaches ‘aren’t serious’, not an enforcement priority: FCA emails
Most personal account dealing (PAD) policy breaches “aren’t serious”, say internal UK Financial Conduct Authority (FCA) emails disclosed as part...
By
Rachel Wolcott
11th December 2024
Financial Crime
Money laundering reporting officer role downgraded, fincrime professionals feel exposed
The money laundering reporting officer (MLRO) role has been downgraded in seniority, leaving financial crime professionals feeling exposed to retaliation,...
By
Rachel Wolcott
10th December 2024
Market Abuse
Social media-induced trade surveillance headache gets worse
Fake news about listed companies and social media posts touting stock tips pose an increasing risk for trade surveillance teams,...
By
Rachel Wolcott
9th December 2024
Regulatory Reporting
UK regulator’s grace period ends for MiFID II transaction reporting failures
The Financial Conduct Authority’s (FCA) latest Market Watch publication signals the end of the long grace period for Markets in...
By
Rachel Wolcott
5th December 2024
Compliance
OpRisk professionals advised to develop their personal brands
Operational risk professionals should develop their personal brands and do more to persuade colleagues of risk management’s value, said Elena...
By
Rachel Wolcott
5th December 2024
Money Laundering
UK tax authority compliance officer gets suspended sentence for aiding money laundering
A compliance officer at HM Revenue & Customs (HMRC) has received a 14-month suspended sentence for helping her husband launder...
By
Rachel Wolcott
30th November 2024
Europe, Middle East, Africa
EU financial services ‘should not wait’ for finalised AML single rulebook to begin due diligence remediation
European Union financial services firms should not wait for the finalized anti-money laundering (AML/CFT) single rulebook to begin due diligence...
By
Rachel Wolcott
27th November 2024
Enforcement Actions
Get in line: Three-year wait to appeal FCA bans and fines
Senior managers seeking to appeal bans and fines imposed by the Financial Conduct Authority (FCA) are waiting up to three...
By
Rachel Wolcott
27th November 2024
Financial Crime
Challenger banks’ inexperience, governance failings led to fincrime fines
Starling Bank and Metro Bank’s recent Financial Conduct Authority fines were caused, in part, by inexperience and governance failings, the...
By
Rachel Wolcott
26th November 2024