Transparency in enforcement: Can CP24/2 achieve the FCA’s objectives?

On 27 February 2024, the Financial Conduct Authority (FCA) published CP24/2: Our Enforcement Guide and publicising enforcement investigations – a new approach, which sets out a proposal that would see the regulator publicly announce the opening and progress of investigations, and other proposed changes to simplify the FCA’s Enforcement Guide (EG). A summary of the key areas covered by CP24/2 can be found in our earlier post. Continue reading

The UK FCA’s proposed new approach to enforcement and increasing transparency around investigations – our initial view

The Financial Conduct Authority (FCA) has published CP24/2: Our Enforcement Guide and publicising enforcement investigations – a new approach, which sets out a proposal that would see the regulator publicly announce the opening and progress of investigations, and other proposed changes to simplify the FCA’s Enforcement Guide (EG). Continue reading

UK FCA Enforcement: Reading the tea leaves

Frustratingly, the FCA’s new enforcement leadership has been slow to share their vision for their function.  In the absence of public pronouncements from them directly, we’re relying on others to spill the tea. And few sources of what the FCA’s enforcement leaders might be planning to get up to are better than their own line management! Continue reading

Investigate: A 360 degree view of investigations – employment and whistleblowing issues

Join Robert Hunt, Christine Young and Jonathan Mattout in the first of two episodes on how to deal with witnesses and suspects. This first episode is focused on employment and the team discuss what issues should be considered, how we should deal with whistleblowers and witnesses, and what the employment options are when an employee has been found to have acted improperly. Continue reading

Investigate: a 360 degree view of investigations – Episode 2

Join Robert Hunt, Cameron Dunstan-Smith and Brian Spiro for the second episode of our investigations podcast series where they will be discussing dawn raids. This episode will explore key themes when dealing with a dawn raid, including the importance of preparation, how best to confront them when they arise and what can be done to prevent a raid from happening. They will also share practical lessons learnt from their own personal experiences. If you have any questions, please do not hesitate to contact the team. Continue reading

New podcast – Investigate: a 360 degree view of investigations

In the first episode of our new investigations podcast series, join Robert Hunt, Elizabeth Head and Eamon McCarthy-Keen who offer an insight into what this series will cover, the key steps in an investigation, initial considerations, the typical challenges associated with investigation scoping and immediate priorities once an investigation is underway.

If you have any questions, please do not hesitate to contact the team and look out for our next episode on dawn raids – coming soon.

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