FCA upskills thousands of employees with compulsory cybercrime training

Compulsory training courses

clock • 2 min read

The Financial Conduct Authority (FCA) has sent 4,430 of its employees on compulsory cybercrime and information security courses over the past two financial years, a policy think tank has revealed.

The data, obtained under the freedom of information request by The Parliament Street think tank, revealed the threat posed by financial cybercrime and the potential shortcoming in cybersecurity skills among FCA employees. The FCA revealed that as well as the ‘Cyber and Information Security' e-learning course, which is compulsory for all staffers to complete, 217 participants were also enrolled on locally organised security courses for more advanced training. The intention of the training is to help combat the growing threat of financial crime, such as money laundering and fraud. Th...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Regulation

Is financial services regulation really the 'boot on the neck' of business?

Is financial services regulation really the 'boot on the neck' of business?

'For those yet to fully embrace Consumer Duty it is simply wishful thinking'

Andrew Gething
clock 19 September 2025 • 5 min read
FCA considers softer SDR rules for index-tracking funds

FCA considers softer SDR rules for index-tracking funds

Amid ‘challenging’ requirements

Cristian Angeloni
clock 16 September 2025 • 1 min read
FCA: Consumer investment product disclosure system 'not working'

FCA: Consumer investment product disclosure system 'not working'

FCA rules are expected in late 2025

Michael Nelson
clock 11 September 2025 • 2 min read