FINTRAIL launched Pioneer in November last year to ensure all businesses, no matter how small, had access to the right support in the fight against financial crime. Its aim is to focus on how to create a fincrime compliance programme from scratch, embed it in the company’s operations, and establish the right culture on a limited budget. Also, it often isn’t appropriate to fixate on “best in class” or aspirational solutions if they are not achievable, proportionate or suitable. So what do small businesses need to know about fincrime compliance, and how can they get it right from the start?
FINTRAIL Pioneer: FinCrime Guidance for Small Businesses and Start-Ups