For expert legal advice on Financial Conduct Authority (FCA) regulations or immediate representation for enforcement cases and prosecutions call the Employment Law Solicitors at Slater and Gordon Lawyers on freephone 0800 916 9060 or contact us.
Slater and Gordon Lawyers have expertise in both employment and regulatory issues including all policy statements and remuneration codes from the FCA and Prudential Regulation Authority (PRA). This experience means we are ideally placed for representing individuals dealing with regulatory breaches and employment issues in the financial services sector.
We also use our experience and knowledge gained in financial services to advise individuals who are given additional responsibilities following new measures from the FCA including the Senior Managers’ Regime and proposed new whistleblowing protections.
For example, it is not unusual for employees undergoing an FCA investigation to be unaware that they are a whistleblower and might have whistleblowing protection rights. In addition they might have a case for unfair dismissal.
The hardest aspect of going through an FCA investigation, that might have been long and draining, is often the struggle to find another job afterwards. We use our background in regulatory issues and experience in dealing with the FCA to help manage any regulatory consequences that hold you back from finding employment or maintaining your employment.
Am I Personally Liable For My Firm Under New FCA Regulations?
In March 2016 the Senior Managers Regime (SMR) came into effect. It is designed to bring personal accountability into the culture of The City by ensuring that senior managers can be held accountable for any misconduct that falls within their areas of responsibilities.
To help senior managers fully understand their obligations and liabilities under this change in the law Slater and Gordon Lawyers offer an independent advice service to explain the legal and practical aspects of SMR. We offer group presentations on the new regime, individual consultations and follow up services.
If you have found a new job in which you will be taking on these responsibilities or you are set to become personably liable for a part of your firm or bank, as a part of your current role, we can provide you with expert legal advice.
Please refer to our legal advice guide: Senior Managers Regime
Slater and Gordon Lawyers is one of the UK's largest and well known law firms with offices in London, Manchester, Liverpool, Chester, Birmingham, Sheffield, Cardiff, Edinburgh, Cambridge, Milton Keynes, Preston, Wakefield, Watford and Wrexham.