Financial Services Compliance Training Guide 2026

Q: What compliance training is required for financial services firms in the UK?

UK financial services firms must train staff on AML and KYC procedures, Consumer Duty obligations, SMCR personal accountabilities for senior managers and Certified Persons, GDPR, and conduct of business rules. Firms in investment activities carry additional MiFID II training obligations. The FCA's test is whether staff demonstrate genuine understanding and apply it correctly in practice.

Q: How often should financial services compliance training be updated?

At minimum, whenever a regulation changes. The safest approach is a compliance training platform that auto-updates its content library when regulations change, so teams are always trained on current rules and your audit trail reflects the specific regulatory version each individual completed.

Q: What is FCA compliance training and who needs it?

FCA compliance training covers conduct of business rules, financial crime controls, Consumer Duty obligations, and SMCR personal accountability requirements. Any individual working for an FCA-regulated firm - from frontline customer-facing staff to certified senior managers - needs FCA compliance training appropriate to their role and responsibilities.

Q: How does Consumer Duty change compliance training requirements?

Consumer Duty requires outcome-focused training rather than rule-focused training. Staff need to understand what good outcomes means in their specific role. In 2026, with closed book product requirements active and multi-firm FCA reviews underway, Consumer Duty training must be role-specific, scenario-based, and regularly refreshed.

Q: What does a good compliance training audit trail look like under SMCR?

A defensible SMCR audit trail should include completion records for all regulatory training, assessment scores, the specific version of training completed, dates of all training and refreshes, and evidence mapping training to the individual's Statement of Responsibilities. A real-time dashboard producing individual reports on demand is materially more defensible than reconstructed spreadsheet records.

Q: What are the consequences of non-compliance in financial services?

The FCA's 2025 enforcement record includes Nationwide fined £44.1 million for AML governance failures, Monzo £21.1 million for compliance infrastructure gaps, and Barclays £39.3 million for AML control failures. Beyond financial penalties, the FCA can restrict business activities, revoke authorisations, and under SMCR can prohibit individual senior managers from working in financial services.

£186 million. That is what the FCA issued in financial penalties during 2024-25 - more than four times the £42.5 million total from the year before.¹ The majority of those fines traced directly to the same failure modes: inadequate AML controls, weak transaction monitoring, and governance that had not kept pace with the firm’s risk profile.

Nationwide Building Society was fined £44.1 million for systemic AML failures between October 2016 and July 2021, including missing clear signs of fraudulent COVID furlough payments passing through personal accounts.² Monzo was fined £21.1 million after rapid customer growth outpaced its compliance infrastructure.³ Barclays was fined £39.3 million for AML failures linked to a corporate banking relationship that showed clear warning signs over an extended period.⁴ Each case had a common thread: teams that were not adequately trained, and oversight processes that were not adequately evidenced.

For HR Directors, L&D Managers, and Compliance Officers in financial services, this is the operating context for 2026. Financial services compliance training cannot be an annual module completed in the background. It needs to be current, role-specific, engaging enough to actually work, and auditable enough to stand up when regulators ask questions.

This guide sets out the full regulatory picture your teams need to understand in 2026, explains why conventional training approaches keep producing the same gaps, and gives you a practical framework for closing them.

Key Takeaways

FCA enforcement hit £186M+ in 2024-25, driven primarily by AML failures and governance gaps - a 4x year-on-year increase
Financial services teams need current training across AML, Consumer Duty, SMCR, GDPR, MiFID II, and sanctions - not a single annual refresh
Consumer Duty closed book product compliance came into force in July 2024; firms must now demonstrate embedded good outcomes as FCA enforcement and thematic review activity intensifies through 2025 and 2026
Traditional compliance training averages under 5% voluntary completion - the FCA is now focused on whether teams can demonstrate actual understanding, not just completion
Microlearning delivers 95%+ completion rates, 60-80% less training time, and content that auto-updates when regulations change
Audit-ready training records - individual, timestamped, version-specific - are no longer optional for FCA-regulated firms under SMCR and Consumer Duty
SMCR creates personal accountability for senior managers; their team’s training evidence is their regulatory protection when things go wrong

Why Keeping Pace with Financial Compliance Is Getting Harder

The regulatory burden on UK financial services firms has not eased. It has expanded - and in several key areas it has accelerated. Since 2022, compliance teams have been asked to absorb the full rollout of Consumer Duty, updated SMCR accountability expectations, revisions to AML Regulations, a new FCA Enforcement Guide published in June 2025, and continuing MiFID II obligations - all while managing workforces that are increasingly distributed, time-pressed, and remote.

The pace of regulatory change creates a compounding problem for training teams. By the time a new module has been developed, approved, and deployed, the underlying guidance may have already moved on. The FCA does not accept ‘our training was accurate when we built it’ as a defence. It expects demonstrable, current understanding at all levels of the firm - from frontline staff to certified senior managers.

£186M+

FCA fines in 2024-25

Up from £42.5M the year before

£44.1M

Nationwide Building Society

Largest single fine of 2025

£21.1M

Monzo Bank

Growth outpaced compliance controls

The FCA’s 2024-25 Annual Report confirmed what enforcement data already showed: financial crime, deficiencies in AML controls, and governance failures were the dominant themes.¹ These are not new categories. They appear in the FCA’s enforcement record year after year - which strongly suggests that many firms are not addressing the root cause. The training is not working.

A second pressure point is the personal accountability regime. SMCR means that when a compliance failure occurs within a senior manager’s area of responsibility, that individual can face personal sanctions: fines, restrictions, or prohibition from working in financial services. A clean, current, well-documented training record is one of the primary evidence bases regulators examine when assessing individual culpability. Firms that cannot produce it quickly are in a materially weaker position.

The firms that manage these pressures well share a common characteristic. They treat compliance training as a continuous operational function - not an annual administrative task.

The Regulations Your Financial Services Team Must Be Trained On in 2026

The following regulations are active, enforced, and require ongoing training - not one-time certification. Each carries specific implications for what ‘up-to-date’ actually means in practice.

Financial Services and Markets Act 2000 (FSMA)

FSMA is the foundational framework for UK financial regulation. It governs authorised activities, conduct of business standards, and market integrity obligations. Most other financial regulations are built on FSMA’s framework, which means teams that lack a working understanding of it struggle to apply the more specific rules correctly when it matters. FSMA training should not be a one-hour induction module. It should underpin how senior and middle managers understand their day-to-day accountability.

Anti-Money Laundering (AML) Regulations

The Money Laundering, Terrorist Financing and Transfer of Funds Regulations 2017 - amended by the 2019 revisions and subsequent updates - require firms to conduct Customer Due Diligence (CDD), maintain transaction monitoring systems, file Suspicious Activity Reports (SARs), and keep adequate records. AML training must cover current CDD requirements, practical recognition of red flags, the SAR process, and clear escalation procedures.

The FCA’s 2025 enforcement record makes the consequences of AML training failures concrete. Nationwide’s systems failed to identify customers using personal accounts for business activity - warning signs that trained staff should have recognised.² Monzo’s onboarding and monitoring processes did not scale alongside its customer growth.³ Barclays missed clear warning signs in a long-standing corporate banking relationship over multiple years.⁴ In each case, the FCA concluded that the failure was not a systems problem in isolation - it was a failure of human judgment that effective training is designed to build.

AML training must reflect the current version of the regulations. A module built in 2021 or 2022 that has not been updated is not adequate evidence of current compliance. The regulatory requirements have changed; the training must reflect that change.

Consumer Duty

Consumer Duty represents the most significant reframing of UK retail financial services regulation in a generation. Introduced for open products and services in July 2023, it extended to closed book products and services from July 2024, with the FCA now intensifying its enforcement and thematic review activity through 2025 and 2026.⁵ The FCA now expects firms to demonstrate embedded good outcomes across four areas: products and services, price and value, consumer understanding, and consumer support.

The training challenge Consumer Duty creates is different from most compliance topics. It is not enough to train staff on a defined set of rules. The Duty requires that people at every level - from product designers to frontline advisors to operations staff - understand what ‘good outcomes’ means in their specific role and can make practical judgments accordingly. That requires scenario-based, role-specific training that is regularly refreshed as the FCA publishes its thematic reviews.

The FCA’s 2025-26 Consumer Duty workplan includes multi-firm reviews examining how firms have embedded the Duty in practice, with specific focus on outcomes monitoring, customer journey design, and consumer communications.⁶ Firms that cannot show the Duty is genuinely embedded in how staff think and act - not just documented in a policy - face regulatory action.

What this means for training in 2026

Consumer Duty training built as a one-time implementation exercise in 2023 is not sufficient. Refreshed, role-specific training that reflects the FCA’s current supervisory expectations is now a baseline requirement.

Senior Managers and Certification Regime (SMCR)

SMCR holds named senior managers personally accountable for compliance within their areas of responsibility. It requires firms to certify the fitness and propriety of Certified Persons annually. For training teams, this creates two distinct obligations: ensuring Senior Managers understand their personal accountability and the specific regulatory requirements within their scope; and maintaining evidenced, individual training records that demonstrate those requirements are being met on an ongoing basis.

When the FCA investigates a compliance failure under SMCR, it looks for documented evidence that the relevant senior manager took reasonable steps to ensure their team was trained and competent. A spreadsheet of completion dates is unlikely to satisfy that test. A real-time, role-specific training record showing what was covered, when, at what standard, and against which version of the regulations is a materially stronger position.

MiFID II and Market Conduct

For firms involved in investment activities, MiFID II training covers transaction reporting obligations, conflicts of interest management, client suitability assessments, and market conduct standards. Transaction reporting failures remain a persistent enforcement theme. Sigma Broking was fined £1.09 million in 2025 for submitting approximately 924,584 incorrect reports over five years - failures that stemmed from incorrect system setup and inadequate review processes.⁴ The FCA made clear this was its second enforcement action against the same firm for similar failures, which illustrates the cost of not fixing the root cause.

Sanctions Screening

The UK sanctions environment has intensified considerably since 2022. Firms must maintain current screening against OFSI’s UK sanctions list, with OFSI’s updated enforcement framework published in February 2026 creating stronger consequences for failures. Staff involved in onboarding, transaction monitoring, or relationship management need working knowledge of how sanctions screening operates in practice: what triggers a match, what enhanced due diligence looks like, and how to escalate. For any firm with international client exposure, this is a priority training area for 2026.

Why Traditional Compliance Training Keeps Producing the Same Gaps

The FCA has been publicly flagging AML control failures for over a decade. The enforcement data for 2024-25 shows the same issues appearing at different firms. The problem is not that compliance teams do not understand what the regulations require. The problem is that the training delivery model most firms rely on is structurally unable to produce the outcomes regulators now expect.

Four structural failures explain why:

The completion rate problem

The average legacy LMS sees under 5% voluntary completion on compliance modules. When completions are mandatory and chased by HR, the number improves - but the training gets rushed. A 90-minute AML module completed in 28 minutes tells an auditor one thing and the regulator another. Certificate issued. Behaviour unchanged. Knowledge gap still present. The FCA’s enforcement focus has shifted from ‘did they complete training?’ to ‘can they demonstrate they understood it and acted on it?’ That is a much harder question to answer from a spreadsheet of timestamps.

The content currency problem

Traditional compliance training is built in cycles. New module developed, legal and compliance team review, deployment to LMS, rollout to staff. That process typically takes three to six months. In a regulatory environment where the FCA publishes thematic reviews, enforcement guidance, and policy updates continuously, a module deployed in January may already be materially incomplete by March. Firms often do not know their content has gone stale until a regulatory inquiry forces them to look.

The audit trail problem

The FCA no longer accepts a spreadsheet of completion dates as adequate evidence of compliance culture. Under SMCR and Consumer Duty, the regulator’s focus is on whether individuals demonstrate genuine understanding and apply it in their work. A traditional LMS that records completion without assessing comprehension - or cannot show which version of a regulation someone was trained on - creates gaps that only become visible when you are being investigated.

The engagement problem

Ask any financial services employee how they approach mandatory compliance training and the answer is consistent: it is the module they open in one browser tab while working in another. This is not a workforce motivation problem. It is a format problem. Ninety minutes of linear e-learning, mandatory by a quarterly deadline, on regulatory content that does not directly connect to their daily work, produces exactly the engagement you would expect: minimal.

Read more on how microlearning compares to traditional training and the evidence behind the engagement and retention gap.

How Microlearning Fixes Financial Compliance Training

Microlearning addresses each of these structural failures directly. Rather than delivering a 90-minute annual module, it breaks compliance content into focused 5-minute lessons - each covering one regulation, one concept, or one procedure in enough depth to be genuinely useful and assessable.

This format works for financial services teams for specific, measurable reasons:

Completion rates that hold up in an audit. The difference between legacy LMS platforms and microlearning is not marginal. Platforms designed for bite-sized compliance training consistently achieve 95%+ completion rates.⁸ A 5-minute lesson on AML red flags that appears in a learner’s mobile feed on Monday morning - engaging enough to open voluntarily, short enough to finish before the first meeting - changes the compliance dynamic entirely. Regulators can see not just that training was assigned, but that it was completed, at what standard, and when.
Content that stays current. When the FCA issues updated guidance on Consumer Duty or AML controls, a microlearning platform can update the relevant module and redeploy it to affected learners within days - not months. There is no long development cycle. Learners receive a notification that their training on a specific topic has been refreshed, they complete the 5-minute update, and the audit trail records that they were trained on the current version. This is what ‘keeping up with regulatory change’ actually looks like in practice.
Retention built for real-world application. Financial services employees encounter compliance situations under pressure: a transaction that looks suspicious, a customer request that raises a Consumer Duty consideration, a colleague whose conduct triggers an SMCR concern. The training that is effective in those moments is training that built the underlying knowledge through repeated, spaced engagement - not a single 90-minute session taken under deadline pressure twelve months earlier. The spacing effect is well-established in learning science: information revisited at intervals is retained far more effectively than information absorbed in a single block.⁹
A format that works for a distributed workforce. Financial services firms increasingly manage teams across branch networks, remote offices, and multiple time zones. Mobile-first microlearning means compliance training is accessible anywhere, on any device, without requiring staff to sit at a desktop LMS. Lessons complete during commutes, between client calls, or at the start of the working day - without pulling people out of productive work for a half-day training session.

Traditional Training vs. Microlearning: A Direct Comparison

Feature		Traditional Training
Module length	5 minutes per lesson	60-90 minutes per session
Completion rate	95%+ (platform average)	Under 5% (voluntary)
Content update speed	Days - auto-updated	Weeks to months
Engagement model	Gamified, mobile-first, voluntary	Mandatory, tick-box exercise
Audit trail	Real-time automated dashboard	Manual spreadsheet tracking
Regulatory currency	Auto-updated when rules change	Often outdated between cycles
Admin burden	Zero - auto-enrolment & reminders	High - manual chasing required
Delivery format	Mobile, on-demand, in the flow of work	Desktop LMS, scheduled sessions
Knowledge retention	High - spaced repetition approach	Low - single long exposure

5 Practical Steps to Update Your Financial Services Compliance Training Programme

Moving from annual compliance modules to a continuously maintained microlearning programme is a managed transition, not an overnight switch. These five steps are designed to take you from wherever you are now to a training function that genuinely keeps pace with the FCA.

Map your current regulatory exposure against your training inventory

Before changing anything, get clear on where the gaps actually are. List every regulation relevant to your firm type, FCA authorisation, and customer base. Against each one, record: what training you currently have, when it was last reviewed against current regulatory guidance, and what the completion data actually looks like.

This exercise typically reveals three things simultaneously: content that has gone stale without anyone noticing (AML modules built before the 2019 amendments are common); regulations with no training coverage at all (Consumer Duty and sanctions screening are the most frequent gaps); and overlapping modules that cover the same ground inconsistently across different departments.

Consumer Duty deserves particular attention. Many firms built their compliance libraries before the Duty came into force in 2023. If your Consumer Duty training was built as a one-time implementation exercise and has not been updated since, it is almost certainly not adequate for 2026’s enforcement environment - where the FCA expects demonstrable embedded outcomes, not initial compliance documentation.

Prioritize by risk exposure and regulatory urgency

You will not fix everything at once. Prioritize your training gaps by two criteria: the regulatory risk attached to the gap (AML failures are currently the FCA’s highest enforcement priority, followed by Consumer Duty), and the urgency of any upcoming regulatory milestones (Consumer Duty closed book requirements active since July 2024, FCA consultations on distribution chains in H1 2026, OFSI’s updated sanctions enforcement framework).

If you operate under SMCR, treat individual senior manager training records as a separate urgent priority. The FCA does not wait for your annual training cycle when it opens an investigation. It asks for records immediately. Firms that discover they cannot produce a clean, current individual training history when the question is first asked are in a difficult position from which it is hard to recover.

Choose a platform that auto-updates compliance content

This is the single most important platform selection criterion for financial services. A compliance training library that does not auto-update when regulations change is a liability, not an asset. It creates false confidence: teams are certified, but they may be certified against last year’s rules.

Look specifically for: CPD-accredited compliance modules; a defined and documented process for updating content when regulations change; the ability to automatically notify affected learners when a module has been updated; and version tracking so your audit trail records which regulatory version each individual was trained on. These are not optional features for a financial services firm. They are table stakes.

Automate enrolment, reminders, and recertification

Manual compliance training administration - sending enrolment emails, chasing completions, tracking recertification dates, updating spreadsheets when someone changes role - consumes significant HR and compliance team time while adding no regulatory value. More importantly, it creates the conditions for errors: missed enrolments when staff change teams, outdated recertification schedules, incomplete records when turnover is high.

Automated enrolment rules based on role, department, seniority, and join date ensure every relevant person receives the right training at the right time without manual intervention. Automated recertification scheduling means AML, Consumer Duty, and SMCR refreshes happen on a defined cycle without anyone needing to remember to trigger them. The compliance function can focus on interpreting regulatory requirements and building training quality - not managing spreadsheets.

Build your audit trail infrastructure proactively

The best time to organize your training records is before the FCA asks to see them. Real-time dashboards should show, for every individual in your firm: what training they have completed, when, to what standard, against which version of a regulation, and what is currently outstanding.

For SMCR-governed firms, this needs to extend to individual-level reporting that maps training completion to specific accountability statements. When the FCA asks ‘can you show us what compliance training this senior manager has completed in the last 12 months and how it maps to their Statement of Responsibilities?’, you should be able to answer that question in minutes.

Consumer Duty adds a further dimension. The FCA expects evidence that the Duty is embedded in how staff think and behave - not just documented in a policy. Training completion records showing ongoing, role-specific engagement with Consumer Duty content over time are a meaningful component of that evidence base. A single onboarding module from 2023 is not.

How 5Mins Supports Financial Services Compliance Training

5Mins is an AI-powered microlearning platform built for teams that cannot let compliance training lag behind regulation. Financial services is 5Mins’ largest vertical, with 20+ customers including fintech firms, payment processors, and regulated financial institutions across the UK and globally.

For financial services compliance teams, 5Mins delivers three things that traditional training platforms consistently fail to provide:

CPD-accredited compliance content that stays current

AML, GDPR, Financial Crime Prevention, Consumer Duty, Fraud Awareness, Market Abuse, SMCR, Sanctions Awareness, and Operational Resilience modules - built by subject-matter experts and updated automatically when regulations change. When the FCA publishes new guidance, the relevant module is updated and affected learners are notified to complete the refresh. No manual redevelopment cycle, no stale content sitting in your library.

95%+ completion rates - delivered through engagement, not chasing

TikTok-style bite-sized lessons and gamified progression replace the mandatory annual module and the HR chasing that comes with it. The difference in outcomes is not incremental. AZA Finance, a pan-African payment and trading platform, increased learning participation from 30-40% to over 80% after switching to 5Mins, while reducing training costs by 30%. PayNet saw a 200% increase in learning engagement. These results reflect a fundamentally different relationship between staff and compliance training - not a marginal improvement on the same approach.

Audit-ready real-time compliance dashboards

Every completion, assessment score, and training version is recorded automatically. Compliance leads can pull individual training histories in seconds. For SMCR-governed firms, the ability to produce a complete, timestamped training record per senior manager or Certified Person - without rebuilding it from multiple systems - is a material operational advantage when the FCA asks questions. For Consumer Duty, the dashboard shows the Duty is actively embedded, not just initially implemented.

Explore 5Mins’ compliance training platform, or book a demo to see how it works in a financial services context.

Frequently Asked Questions

Financial Services Compliance Training

Your questions answered on FCA requirements, microlearning, audit trails, and staying compliant in 2026

What is financial services compliance training?

Financial services compliance training is the structured process of ensuring employees across a regulated firm understand - and can demonstrate understanding of - the laws, regulations, and internal policies that govern their work. In the UK, this covers FCA conduct rules, AML Regulations, Consumer Duty, SMCR, GDPR, MiFID II, and relevant market conduct standards. The key distinction from general corporate training is that regulators can and do examine training records as evidence of compliance culture when investigating failures.

What compliance training is required for financial services firms in the UK?

UK financial services firms must train staff on the regulations relevant to their authorised activities. For most firms this includes AML and KYC procedures, Consumer Duty obligations, SMCR personal accountabilities for senior managers and Certified Persons, GDPR, and conduct of business rules. Firms in investment activities carry additional MiFID II training obligations.

There is no single prescribed training standard. The FCA expects firms to determine what is adequate for their specific risk profile. The regulator’s test is whether staff demonstrate genuine understanding and apply it correctly in practice - not whether they have completed a minimum number of training hours.

How often should financial services compliance training be updated?

At minimum, whenever a regulation changes. In practice, annual reviews are insufficient given the pace of FCA guidance updates, thematic reviews, and policy statements. The safest approach is a compliance training platform that auto-updates its content library when regulations change - so teams are always trained on current rules, not last year’s version, and your audit trail reflects the specific regulatory version each individual completed.

What is FCA compliance training and who needs it?

FCA compliance training covers the standards set by the Financial Conduct Authority: conduct of business rules, financial crime controls, Consumer Duty obligations, SMCR personal accountability requirements, and market conduct standards. Any individual working for an FCA-regulated firm - from frontline customer-facing staff to certified senior managers - needs FCA compliance training appropriate to their role and responsibilities.

Under SMCR, senior managers and Certified Persons have specific, documented training obligations. Under Consumer Duty, anyone involved in the design, distribution, or servicing of financial products needs training calibrated to what good outcomes looks like in their specific role.

How does Consumer Duty change compliance training requirements?

Consumer Duty changes compliance training in two important ways. First, it requires training that is outcome-focused rather than rule-focused. Staff need to understand what good outcomes means for their specific role - not just be able to recite the four Consumer Duty outcomes from a policy document. Second, it requires ongoing training and refreshment, not a single implementation exercise built in 2023.

In 2026, with closed book product requirements now active and multi-firm FCA reviews underway, firms should prioritise Consumer Duty training that is role-specific, scenario-based, and refreshed as the FCA publishes its thematic review findings throughout the year.

How can microlearning improve AML compliance training completion rates?

Traditional AML training modules run for 60+ minutes and see low voluntary completion. Staff rush through them under deadline pressure, pass the assessment, and retain limited working knowledge. Microlearning delivers AML content in focused 5-minute sessions - one topic per lesson, accessible on mobile, with gamified reinforcement - and consistently achieves 95%+ completion rates.

There is also a regulatory benefit beyond completion rates. When the FCA examines AML training records, it increasingly looks for evidence of ongoing engagement with the topic over time - not a single annual module. Microlearning’s spaced, repeated delivery model produces a training record that demonstrates continuous learning rather than a periodic box-tick.

What does a good compliance training audit trail look like under SMCR?

Under SMCR, a defensible training audit trail for a Senior Manager or Certified Person should include: completion records for all regulatory training relevant to their responsibilities, assessment scores demonstrating genuine understanding, the specific version of the training completed (so regulators can verify it reflected current rules), dates of initial training and all subsequent refreshes, and evidence mapping training to their specific Statement of Responsibilities.

The FCA does not prescribe exact formats, but when it investigates a failure under SMCR it expects records that demonstrate the individual took their training obligations seriously and that the firm had adequate oversight in place. A real-time dashboard producing individual reports on demand is materially more defensible than reconstructed spreadsheet records.

What are the consequences of non-compliance in financial services?

The FCA’s 2025 enforcement record is the clearest recent illustration. Nationwide was fined £44.1 million for AML governance failures², Monzo £21.1 million for compliance infrastructure gaps³, Barclays £39.3 million for AML control failures⁴. Beyond financial penalties, the FCA can restrict business activities, revoke authorisations, and under SMCR can fine and prohibit individual senior managers from working in financial services.

The reputational consequences can be equally significant. FCA enforcement notices are public and permanent. For firms in wealth management, investment advice, or private banking, a public AML enforcement notice carries material commercial consequences that extend well beyond the fine itself. A robust, evidenced compliance training programme is one of the most controllable factors in your regulatory risk profile.

Sources

FCA Enforcement Trends in 2025 and Expectations for 2026, WilmerHale, January 2026 — wilmerhale.com
AML failures drive record FCA fines in 2025, Fintech.global, February 2026 — fintech.global
FCA Reveals Costliest Enforcement Actions of 2025, Alessa, February 2026 — alessa.com
Highest FCA Fines of 2025, Skillcast, December 2025 — skillcast.com
Consumer Duty, Financial Conduct Authority — fca.org.uk
FCA Refines Consumer Duty: Balancing Protection and Proportionality, Freshfields, October 2025 — freshfields.com
Top 10 FCA Compliance Priorities in 2026, Skillcast, January 2026 — skillcast.com
Compliance Training Platform, 5Mins.ai — 5mins.ai
Distributed practice in verbal recall tasks: A review and quantitative synthesis, Cepeda et al., Psychological Bulletin, 2006 — pubmed.ncbi.nlm.nih.gov

This article is for general informational purposes only and does not constitute legal, financial, or professional advice. Always consult a qualified professional for guidance specific to your organisation.

All content is researched and written by the 5Mins team.

About the Author

James Francis

Head of Growth Marketing, 5Mins

James is an experienced tech marketer with a background covering HR, e-commerce, property, and financial services. In his role as Head of Growth Marketing at 5Mins, he leverages AI to deliver high-impact campaigns and accelerate growth.