The Dutch Authority for the Financial Markets (Autoriteit Financiële Markten, the AFM) and the Dutch Central Bank (De Nederlandsche Bank, DNB) have updated their Simplified Fine Procedure (Procedure vereenvoudigde afdoening boetezaken). This procedure allows for simplified settlement of a fine imposed by AFM or DNB. It was originally
On 24 February 2026, the Securities and Exchange Commission (SEC) announced the first comprehensive update to the agency’s Enforcement Manual since 2017, formalizing key aspects of how the Division of Enforcement investigates, charges and resolves alleged violations of federal securities laws. Many of the policy changes were announced by SEC leadership and implemented
Last month, the Financial Conduct Authority published a Final Notice to Russel Gerrity, imposing on Mr Gerrity a financial penalty of £309,843 as a result of trading activity he carried out after he had had access, in his consultancy role, to inside information about drilling results.
For the key takeaways from this case, as well
Last month the Financial Conduct Authority (FCA) announced in a press release that it had opened an enforcement investigation into The Claims Protection Agency (TCPA), a claims management firm in the motor finance claims sector, following concerns about its advertising and sales practices (the Investigation Announcement). This follows TCPA’s failed
We have published the fourth and final briefing note in our series looking in detail at the SRA’s guidance for in-house teams, issued following a thematic review of the sector, recognising the growth and importance of the in-house role and the unique pressures to which in-house solicitors can be subject. The guidance covers six topics
In our latest podcast, we discuss some of the key recent Financial Conduct Authority enforcement developments and outcomes, and key lessons learned for firms from these, including recent publicity developments and the cases concerning Nationwide Building Society, the Institute of Certified Bookkeepers and two former Finance Directors of Carillion plc.
For further information in this
In our latest briefing note, we explore the current enforcement hot topics and lessons learned from recent regulatory enforcement cases to help senior managers avoid the common pitfalls, reduce personal risk and stay out of the regulatory spotlight.
Following publication of the FCA’s Policy Statement: Tackling non-financial misconduct (NFM) in financial services (PS25/23), we take a look at what it means for firms and what actions they should be taking as we move towards 1 September 2026 when the new Code of Conduct (COCON) rule; the new COCON guidance
On 28 January 2026, the Financial Conduct Authority (FCA) published its first enforcement newsletter – Enforcement Watch 1 – which aims to cover the FCA’s insights and themes from its enforcement work as part of the FCA’s move towards greater transparency in this area.
The newsletter provides an update on the following three
On 7 January 2026, the Financial Conduct Authority published Final Notices fining two former Finance Directors for their part in misleading statements being issued by Carillion plc (see Richard Adam Final Notice and Zafar Khan Final Notice). For the key takeaways from this case, as well as the key findings, please see our latest