The UK Office of Financial Sanctions Implementation (OFSI) is changing its enforcement approach.
...more
Two recent FCA fines demonstrate the FCA’s willingness to hold senior executives of listed companies to account, including for market disclosures. The FCA will rely on a low bar to hold them 'knowingly concerned', pursue...more
2/2/2026
/ Corporate Governance ,
Disclosure Requirements ,
Enforcement Actions ,
Financial Conduct Authority (FCA) ,
Internal Controls ,
Listing Rules ,
Market Manipulation ,
Misleading Statements ,
Publicly-Traded Companies ,
Regulatory Oversight ,
Regulatory Requirements ,
UK
The UK continues to strengthen its approach to white collar crime and corporate investigations, with significant legal and regulatory reforms introduced in 2025 and further changes anticipated. The UK Government’s new...more
1/29/2026
/ Anti-Corruption ,
Corporate Crimes ,
Corporate Misconduct ,
Criminal Investigations ,
Deferred Prosecution Agreements ,
Enforcement Actions ,
Financial Conduct Authority (FCA) ,
Investigations ,
New Legislation ,
Regulatory Reform ,
Serious Fraud Office (SFO) ,
UK Corporate Criminal Offense ,
Whistleblowers ,
White Collar Crimes
The UK FCA has fined a capital markets adviser to an energy company £100,281 – and banned him from working in financial services – for insider dealing. The action illustrates the comparatively low threshold for what may...more
1/21/2026
/ Capital Markets ,
Compliance ,
Corporate Governance ,
Enforcement Actions ,
Financial Conduct Authority (FCA) ,
Financial Services Industry ,
Insider Trading ,
Internal Controls ,
Publicly-Traded Companies ,
Regulatory Oversight ,
Risk Management ,
Securities Regulation ,
Securities Violations ,
UK
Data exfiltration via cyberattack is top-of-mind for financial services firms. Regulatory attention is primarily focused on the risk of impersonation to misappropriate funds, but there are two other angles firms would do well...more
1/19/2026
/ Cybersecurity ,
Data Breach ,
Data Loss Prevention ,
Data Protection ,
Data Security ,
Enforcement Actions ,
Financial Conduct Authority (FCA) ,
Financial Services Industry ,
Fraud ,
Incident Response Plans ,
Insider Breach ,
Risk Management ,
UK
The UK Financial Conduct Authority (FCA) has recently censured BlueCrest Capital Management (UK) LLP (BlueCrest) and secured a voluntary USD101m redress scheme for investors in a fund it managed. The action highlights the...more
Shortly after the London markets closed on October 7, the Financial Conduct Authority published a consultation (CP25/27) incorporating its proposed market‑wide consumer redress scheme under section 404 of the Financial...more
10/9/2025
/ Automotive Industry ,
Car Dealerships ,
Consumer Lenders ,
Consumer Protection Laws ,
Financial Conduct Authority (FCA) ,
Financial Services and Markets Act ,
Proposed Rules ,
Redress Payments ,
Regulatory Oversight ,
UK ,
Unfair or Deceptive Trade Practices
The UK Upper Tribunal (Tax and Chancery) has upheld the Financial Conduct’s Authority’s (FCA) decision to take action against two former executives of a bank for being “knowingly concerned” in the bank’s breach of the listing...more
6/26/2025
/ Banking Sector ,
Corporate Executives ,
Corporate Governance ,
Enforcement Actions ,
Financial Conduct Authority (FCA) ,
Financial Institutions ,
Financial Services Industry ,
Listing Rules ,
Penalties ,
Prudential Regulation Authority (PRA) ,
Securities Regulation ,
Tax Tribunal ,
Tribunals ,
UK
The UK Financial Conduct Authority (FCA) has published its strategy for the next five years and it has a very different tone and objective to the three-year strategy it shared in 2022. This shift in tone reflects developments...more
Just over a year ago, the UK Financial Conduct Authority (FCA) found itself at the centre of strong industry and political feedback when it first published its controversial proposals to ‘name and shame’ firms that it had...more
This article examines the latest trends in U.K. regulatory enforcement and supervisory action and highlights the key takeaways for firms in 2025 and beyond.
Over the past 18 months, the Financial Conduct Authority (FCA)...more
2/6/2025
/ Compliance ,
Consumer Protection Laws ,
Corporate Governance ,
Enforcement Actions ,
Financial Conduct Authority (FCA) ,
Financial Crimes ,
Financial Regulatory Reform ,
Fines ,
Prudential Regulation Authority (PRA) ,
Regulatory Oversight ,
Risk Management ,
UK
Last week, the UK Financial Conduct Authority (FCA) unveiled a 'Part 2' consultation paper detailing a revised version of its controversial proposals to publicly name firms under enforcement investigation. This development...more
12/2/2024
/ Amended Regulation ,
Banking Sector ,
Corporate Governance ,
Enforcement ,
Financial Conduct Authority (FCA) ,
Financial Institutions ,
FinTech ,
Investigations ,
Regulatory Agenda ,
UK ,
White Collar Crimes
The UK Upper Tribunal (Tribunal) has overruled Financial Conduct Authority (FCA) decisions that three former employees of Julius Baer International Limited (JBI) lacked integrity and should be prohibited. The Tribunal’s...more
This pair of posts focuses on ten less-obvious enforcement predictions that we think will shape the UK financial services investigations and enforcement landscape during 2023 and beyond.
Originally published in on...more
This pair of posts focuses on ten less-obvious enforcement predictions that we think will shape the UK financial services investigations and enforcement landscape during 2023 and beyond.
Originally published in Practical...more
The UK Financial Conduct Authority’s (FCA) shift towards consumer protection is intensifying. At the same time, it is gearing up to become a more assertive regulator, intervening more frequently, following the example of its...more
Financial crime has been a key area of focus for the UK Financial Conduct Authority (FCA) for a number of years, attracting some of the highest financial penalties, and this looks set to continue. With improvements to FCA...more
The requirement for firms to collect and report quality data has never been more important, with the UK Financial Conduct Authority’s (FCA) outcome driven strategy looking to rely on firm data to realise its plans. In this...more
The UK Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) recently published their Business Plans for 2022/23. The FCA also published a three-year strategy. But what does it really mean for firms? ...more
As the dust looks like it is starting to settle on the Covid-19 pandemic, the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) have been busy resuming their enforcement agendas.
Originally...more
Helping to prepare FMIs, payment and e-money firms for proposed implementation...more
The UK Government has asked the Law Commission to review the law on corporate criminal liability and propose options for reform. Supporters of reform will use recent failures of the UK Serious Fraud Office to prosecute large...more
What can in-house legal, risk and compliance leaders learn from the Covid-19 pandemic and other notable crises of the past 20 years to strengthen the legal resilience of their organisations?
More than any other crisis in...more
Virtually all evidence, whether in litigation or arbitration or relating to investigations carried out by regulators or enforcement authorities, will contain some personal data. A year on from the EU General Data Protection...more
Documents, including interview notes, generated by mining company ENRC during an internal corruption investigation were protected by privilege and therefore did not have to be disclosed to the Serious Fraud Office (SFO). ...more