“The first rule of enforcement club is that you do in fact talk about enforcement club”; so Therese Chambers, the UK Financial Conduct Authority’s (FCA) joint executive director of enforcement and market oversight, announced...more
3/13/2024
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Enforcement ,
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UK
In the build-up to his appointment as chief executive of the Financial Conduct Authority (FCA) in 2020, Nikhil Rathi stated that his vision for the regulator involved “a stronger, prompter approach to enforcement”. This...more
The UK Financial Conduct Authority (FCA) launched in September a review of the treatment of domestic politically exposed persons (PEPs) by UK-regulated financial services firms. This review will look at firms’ arrangements...more
The Financial Conduct Authority’s (FCA) 2023/24 Business Plan (Business Plan) sets out the FCA’s aim to be viewed as a proactive, assertive and robust regulator, especially in its protection of retail consumers.
Released...more