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Global

04 December 2025

AML heat to rise

Multiple-choice questions. In order to be awarded CPD units you must answer the following five random questions correctly. If you fail the test, please reread the article before attempting the questions again.

  1. In terms of AML/CTF supervision, how many professional bodies is the FCA intended to replace?

  2. In the 10 years to 2025, what was the total in AML-related penalties issued by the FCA?

  3. Which member of the Big Four was the first audit firm to be fined for failing to report suspected fraud?

  4. Which of the following statements is true? Statement 1, The FCA will take a risk-based approach to supervising regulated firms, or statement 2, The FCA will take a data-led approach to supervising regulated firms.

  5. Under the new approach, the FCA…

  6. In future, what will firms be required to provide to the FCA?

  7. What additional requirement may be needed before individuals can become beneficial owners, officers or managers?

  8. Approximately how many firms will be supervised by the FCA?

  9. Which of the following statements is true? Statement 1, firms that are regularly investigated over AML/CTF-related concerns risk being fined, even if there is no firm evidence, or statement 2, firms with low involvement by senior management risk being fined

  10. Why might firms need to recruit a dedicated money-laundering reporting officer?

1 Unit

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