On 2 September 2025, the Home Office published its outcomes progress report on the Economic Crime Plan 2 (ECP2), which was published in March 2023 and set out how public and private sectors would cut economic crime, protect national security and support the UK’s economic growth. The report provides a summary of key
Woodford (a prohibition and a fine) and on the investment management firm he founded (a fine). Both Mr Woodford and the firm have referred the decisions to the Upper Tribunal. Key takeaways are set out below but for more details see our Notice in a Nutshell.
Although the decisions are made in the context of
Following on from our previous briefing on this case, the Upper Tribunal (UT) has upheld the FCA’s decisions to fine and prohibit three bond traders in connection with spoofing (albeit that the UT concluded that the fines should be reduced for two of the individuals). Key takeaways are set out below but for
The Financial Conduct Authority (FCA) has published an updated Enforcement Information Guide, reflecting its new Enforcement Guide (ENFG).
The Information Guide explains at a high level the FCA’s general enforcement powers under the Financial Services and Markets Act 2000 (FSMA), as well as the process of a typical
The Bank of England’s recent publication of a Final Notice in respect of Vocalink Limited provides a number of key takeaways for regulated firms in relation to remediation programmes and delivering on regulatory expectations. A summary of these is set out below but for more detail on the Final Notice see our Notice in a
The recent publication of the Upper Tribunal’s decision that the former CEO and CFO of Metro Bank were knowingly concerned in a breach of the Listing Rules by the bank provides a number of takeaways for listed companies and directors. A summary of these is set out below but for more detail on the decision
The FCA’s recent publication of a Final Notice in respect of Monzo Bank Limited (the Firm) provides a number of key takeaways for regulated firms in relation to FCA supervisory powers and expectations with respect to financial crime frameworks. A summary of these is set out below but for more detail on the Final
Whistleblowing continues to provide a vital role in uncovering wrongdoing in the financial services sector. The latest FCA development in this area is its Prescribed Persons Annual Report 2024/25, which was published on 24 June 2025. This report contains an update on the FCA’s whistleblowing data, as well as a summary of the FCA’s
Approximately one year on from our briefing in June 2024 which considered some of the steps firms could be taking to meet future regulatory expectations in relation to governance of AI, in this briefing we outline some of the significant steps taken by the FCA over the past twelve months or so, in shaping the