The latest edition of FSA’s Financial Crime Newsletter features an item on how FSA is developing a pilot for a core financial crime programme. The programme is designed to ensure FSA is discharging effectively its duties to make sure regulated firms comply with UK legislation on anti-money laundering (AML), terrorist finance and sanctions. The programme will look at activities of large banks and will involve applying FSA’s systematic, intensive and intrusive approach. The newsletter also features recent reports and fines. (Source: Financial Crime Newsletter (Issue 15))