The UK’s Financial Conduct Authority (FCA) has published its guidance on using social media for financial promotions.
In the guidance, the FCA made it clear that they understand the power of social media as a...more
During 2014, the UK’s Financial Conduct Authority (FCA) opened around 20% more investigations than in 2013, according to today’s Financial Times (subscription required). This is in line with the stricter new regime supposedly...more
The prosecution of Smith and Ouzman Ltd. for bribery is winding to a close, with the sentencing of two directors of the company for corruption....more
This briefing discusses the new approach of the UK’s regulator, the FCA, to regulatory enforcement of wholesale markets, as revealed by the recent settlements between the agency and five banks relating to FX manipulation....more
Shale gas exploration is now featuring in the news headlines in the UK on an almost daily basis. The positions of those for and against extraction of unconventional gas through hydraulic fracturing...more
The UK’s Serious Fraud Office has made clear that its anti-bribery investigations are focussed on two industries in particular: construction and energy. Construction firms especially are under-prepared for the risks which...more
The UK Bribery Act 2010 (the “Act”) has been described as “the most draconian anti-bribery law in the world” and “the Foreign Corrupt Practices Act on steroids”. It has far-reaching implications for any international business...more