Regulatory Intelligence Built for Your Sector
Regulatory obligations vary across sectors, jurisdictions, and risk profiles. A bank preparing for an FCA Section 166 examination faces unique demands. Meanwhile, a law firm adapts to FCA AML supervision. Similarly, a football club navigates its first licensing application. Argus Pro offers frameworks and platforms tailored to each industry. We calibrate them to match specific regulatory instruments. Additionally, we consider supervisory expectations and operational realities. This approach ensures we meet the needs of every sector we serve.
Banking & Financial Services
Banks, building societies, and payment service providers operate under various supervisory authorities, including the FCA and PRA. Additionally, fintechs and e-money institutions follow guidelines from FinCEN, MAS, HKMA, and others. In 2024, AML enforcement fines crossed US$10 billion globally. Moreover, DORA's requirements for operational resilience are now active across the EU. This shift highlights the increasing focus on regulatory compliance in the financial sector.
Insurance & Reinsurance
Insurers and reinsurers navigate a complex regulatory landscape shaped by the PRA, FCA, EIOPA, MAS, and Lloyd's market requirements. They must implement financial crime controls and conduct sanctions screening. Additionally, operational resilience obligations apply to underwriting, claims, and distribution. As regulations evolve, these requirements become increasingly specific. Therefore, firms must stay vigilant and adapt to these changes.
Legal
The FCA has been confirmed as the Single Professional Services Supervisor for AML and CTF compliance. This change replaces the SRA. As a result, law firms will experience a fundamental shift in how supervisors expect compliance. Additionally, the enforcement approach will change. Now, the standards for assessing AML controls will also differ significantly.
Professional Services
Accountancy firms, tax advisers, and trust and company service providers must follow the Money Laundering Regulations 2017. These sectors are currently supervised by HMRC, the FCA, or their respective professional bodies. However, the shift to FCA supervision under the SPSS model will affect them in the future. Consequently, they will need to adapt to the new requirements.
Crypto & Digital Assets
Crypto-asset exchanges, custodians, and digital asset businesses must comply with FCA registration, MiCA (EU), MAS licensing, and FinCEN requirements. Additionally, the regulatory perimeter is expanding rapidly. As a result, enforcement actions against non-compliant firms have sharply increased since 2024. Therefore, it's critical for these businesses to stay informed of regulatory changes.
Other Regulated Sectors
Regulated firms outside traditional financial services must meet AML obligations. This includes gaming operators, estate agents, and high-value dealer firms. Additionally, these firms face increasing expectations for cyber resilience from their supervisory bodies. Consequently, they must adapt to these regulatory demands. Thus, staying compliant is essential for their continued operation.
The Independent Football Regulator (IFR) was established under the Football Governance Act 2025. It now supervises 116 English football clubs. This marks the first time these clubs are under statutory regulations. License requirements, the ODSE test, and financial sustainability standards are mandatory elements. Additionally, corporate governance standards must be met. As a result, clubs must adapt to these new regulations to ensure compliance.
