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The FCA report on weaknesses in due diligence

  • paulrobinson764
  • 1 minute ago
  • 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

 
 

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