FCA Regulatory and Criminal Investigations

The Financial Conduct Authority (FCA) regulates the financial services industry in the UK and has far reaching powers to investigate, often in parallel, both regulatory breaches of the FCA’s Principles for Businesses and Approved Persons and complex financial crime including market abuse and insider dealing.  These investigations often involve cross border investigations with other regulators such as the Commodity Futures Trading Commission (CFTC) in the USA.

The FCA has become more proactive in the exercise of its enforcement and investigation powers and this has led to a number of high profile cases including those involving the manipulation of the London Interbank Offered Rate (LIBOR) and the largest insider dealing case being prosecuted. Individuals facing a FCA investigation could ultimately face a number of penalties including, a substantial fine, prohibition from working in the financial services industry and prison.

At Bivonas our regulatory and criminal litigation lawyers are regularly instructed to act for individuals who are facing FCA investigations and are well equipped to deal with the regulatory, disciplinary and criminal investigations and proceedings that may ensue. Bivonas has a wealth of expertise in this area, having represented individuals in cases involving LIBOR manipulation, market abuse and insider dealing.

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