Skip to content

Rachel Wolcott

Rachel Wolcott is a respected financial journalist and podcaster with a reputation for breaking news and investigative work.
Rachel Wolcott is a respected financial journalist, author and podcaster who brings her reputation for breaking news and investigative work to the Founding Editor role at Compliance Corylated. Most recently as Senior Editor at Thomson Reuters Regulatory Intelligence, Rachel has specialised in areas including the UK Financial Conduct Authority (FCA), Brexit-related financial service policy change, regulatory reporting, financial crime, market infrastructure, and cryptocurrency.

All articles

77 articles

Enforcement Actions

SEC fines MUFGʼs UK broker $9.8m for not substituting compliance

The US Securities and Exchange Commission (SEC) has fined MUFG Securities EMEA $9.8 million for failing to apply substituted compliance...
By Rachel Wolcott 8th August 2025
SEC fines MUFGʼs UK broker $9.8m for not substituting compliance

Money Laundering

Main Street banks can have Big City financial crime risks

The United States Department of the Treasury’s guiding principles for Bank Secrecy Act modernisation lean into the idea that “Main...
By Rachel Wolcott 6th August 2025
Main Street banks can have Big City financial crime risks

Financial Crime

North Korean hackers’ crypto expertise allows them to steal and launder in plain sight  

Forget about crypto evangelists waxing lyrical about web3 and digital assets — North Korean hackers just might be the world’s...
By Rachel Wolcott 1st August 2025
North Korean hackers’ crypto expertise allows them to steal and launder in plain sight  

Conduct & Culture

More senior manager penalties coming, says UK watchdog

The UK Financial Conduct Authority (FCA) has said there are more senior manager penalties to come, in a response to...
By Rachel Wolcott 30th July 2025
More senior manager penalties coming, says UK watchdog

Europe, Middle East, Africa

Compliance help needed to reintegrate Syria

Syria’s financial sector is asking for help from compliance experts globally to help it reintegrate into the international financial system...
By Rachel Wolcott 22nd July 2025
Compliance help needed to reintegrate Syria

Financial Crime

KYC/AML at a tipping point as US weighs reform, firms opt for light-touch checks

Know-your-customer (KYC) and anti-money laundering (AML) efforts are at a tipping point as the United States considers Bank Secrecy Act...
By Rachel Wolcott 16th July 2025
KYC/AML at a tipping point as US weighs reform, firms opt for light-touch checks

Enforcement Actions

FCA hails Korfuzi siblings’ long insider dealing sentences

The UK Financial Conduct Authority’s (FCA) chief criminal counsel hailed custodial sentences passed on Redinel and Oerta Korfuzi at Southwark...
By Rachel Wolcott 9th July 2025
FCA hails Korfuzi siblings’ long insider dealing sentences

Conduct & Culture

FCA’s new harassment and bullying rule expands possibility for individual bans

The UK Financial Conduct Authority’s (FCA) new harassment and bullying rules introduce the possibility of the regulator banning more individuals...
By Rachel Wolcott 8th July 2025
FCA’s new harassment and bullying rule expands possibility for individual bans

Risk Management

The NepoPep: Sons of Duma deputy and UK Conservative party donor run German property businesses

A sanctioned deputy of the Russian Federation’s Duma, and a Russian businessman and UK Conservative party donor have a connection...
By Rachel Wolcott 27th June 2025
The NepoPep: Sons of Duma deputy and UK Conservative party donor run German property businesses
...