The FCA report on weaknesses in due diligence
- paulrobinson764
- Apr 9
- 1 min read
The FCA has just highlighted weaknesses in due diligence across firms in a recent supervisory review (via AML Intelligence).
Not a data problem.An interpretation problem.
Firms are still:
Over-relying on automated tools
Missing complex ownership structures
Failing to challenge red flags
Treating due diligence as a one-off check
👉 The FCA’s message is clear:Due diligence must be ongoing, connected, and judgement-led.
That’s where most firms fall short.
They have the data — but it sits in silos.FCA register here. Companies House there.No joined-up view. No continuous monitoring.
That’s exactly what we built Watchdog to address.
Firms Monitor links FCA and Companies House data in one place, helping you:
Identify ownership and structural risks
Spot changes as they happen
Move from static checks to real monitoring