Compliance in fintech demands precise, formal collocations. Practise the phrases used in audits, regulatory submissions, and risk management.
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1 / 5
Fill in: 'The product must ___ all AML regulatory requirements before going live in the UK market.'
We 'meet regulatory requirements' — 'meet' is the dominant compliance collocation. 'Satisfy requirements' is also correct; 'fulfil requirements' is formal and acceptable; 'pass requirements' is non-idiomatic — you pass a test, not requirements.
2 / 5
Fill in: 'The firm must be ready to ___ a PCI DSS audit by the end of the financial year.'
We 'pass an audit' — 'pass' is the standard collocation meaning to satisfy auditors' requirements successfully. 'Complete an audit' means to finish the process, not to succeed; 'clear an audit' is informal; 'finish an audit' is casual.
3 / 5
Fill in: 'Engineering teams need to ___ robust transaction-monitoring controls by Q4.'
We 'implement controls' — 'implement' is the standard compliance verb for putting risk or governance measures in place. 'Build controls' focuses on construction; 'introduce controls' is used for new measures; 'install controls' is too technical and typically refers to hardware.
4 / 5
Fill in: 'Regulated firms are required to ___ a Suspicious Activity Report within 30 days.'
We 'submit a report' — 'submit' is the formal collocation for providing official documentation to a regulator. 'File a report' is also standard; 'send a report' is informal; 'deliver a report' is used in consulting but not regulatory contexts.
5 / 5
Fill in: 'The compliance team has 60 days to ___ all findings from the FCA review.'
We 'remediate findings' — 'remediate' is the regulatory-compliance standard for correcting identified deficiencies. 'Fix findings' is informal; 'resolve findings' is used in project management; 'address findings' is acceptable but 'remediate' is the precise compliance term.