2013 was a record year for enforcement brought by the Financial Conduct Authority and other overseas regulators responsible for the financial services sector.
This trend of “credible deterrence” will continue in 2014 with the Financial Conduct Authority bringing more enforcement cases, including more against individuals, which it wants to lead to tougher penalties.
The Financial Conduct Authority (FCA) is also now taking a much tougher approach when considering applications for Controlled Function Status, making it more difficult for individuals to secure work in the financial services sector.
The FCA often works in conjunction with the police and other investigating agencies, and has the power to prosecute a range of criminal offences including insider dealing, money laundering and Fraud Act offences.
Contact Slater and Gordon Lawyers now if:
The FCA is increasingly targeting a wide range of individual people, many of whom may not be senior management and who might previously have thought they would not become involved in FCA enforcement proceedings.
Our Solicitors have over 30 years experience helping people who become involved with actions by financial regulators, and have represented clients in many of the most high profile and complex investigations of recent times. These include LIBOR and UBS. With this experience we can provide comprehensive legal advice about your rights; and the options you have.
We can provide expert legal advice and assistance with:
We have represented clients in investigations including:
Our Business Crime Solicitors are experts in preparing clients for interview, responding to requests for information and making representations to the FCA. We can ensure that your case is ready to be heard by the Regulatory Decisions Committee or Upper Tribunal.
We offer a free initial consultation and can provide immediate legal representation anywhere in the UK.
Slater and Gordon Lawyers is one of the UK's largest and well known law firms with offices in London, Manchester, Watford, Liverpool, Chester, Birmingham, Sheffield, Cardiff, Edinburgh, Cambridge, Milton Keynes, Preston, Wakefield and Wrexham.