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
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
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
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
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
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
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
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
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
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