{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/681f7c86ca72734652973f30/68c2d743d842f06200030f7c?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"UK due-diligence rethink, fraudsters probe KYC stack, FCA reality check","description":"<p><strong>Banking Risk and Regulation Brief September 12 2025</strong></p><p><br></p><p>The top stories this week. The UK moves to ease tough due-diligence rules. Also. Inside a fraud lab taking on KYC injection attacks and deepfakes. And finally. The FCA says some wholesale firms are over-doing Consumer Duty.</p><p><br></p><p>The UK’s due-diligence regime is set for a rethink.Independent expert Caleb Hogg says planned changes could narrow when firms must treat clients as high risk — shifting how Enhanced Due Diligence is applied in practice.</p><p><br></p><p>Fraudsters are probing your KYC stack. We go inside Entrust’s lab where analysts test “injection attacks” — exploits that hijack capture flows and help deepfakes slip through. The takeaway: tighten liveness checks, watch sub-process handoffs, and stress-test with synthetic media.</p><p><br></p><p>A reality check from the FCA. Lucy McNulty reports that some wholesale firms have over-interpreted Consumer Duty — piling on cost and complexity without clear benefit. The signal: sharpen “fair value” evidence, but don’t gold-plate.</p><p><br></p>","author_name":"Banking Risk and Regulation"}