United Kingdom (and EU regulation)

Upcoming 40 Minute Briefing: The future of market conduct

By Jonathan Herbst (UK), Imogen Garner (UK), Hannah Meakin (UK), Katie Stephen (UK), John Coley (UK) and Lisa Lee Lewis (UK) on May 8, 2019 Posted in Seminars, webinars and podcasts, United Kingdom

Our Financial Services team invite you to attend our 40 minute briefing on the future of market conduct.

We are now in a critical period where the FCA is focussing on how firms have embedded the reforms that were introduced in 2018. For example, the FCA’s CEO, Andrew Bailey, has recently stated that the regulator has been carrying out a multi-firm review into the MiFID II rules on investment research and that formal feedback will be provided in Q2 2019.

We have also seen the FCA issue fines this year so far totalling £135,979.987 which is more than double the fines issued for 2018. This includes the regulator fining an individual for failing to observe proper standards of market conduct and on similar facts issuing its first formal decision under its competition powers against three asset management firms.

Skilled persons reviews – what we are seeing
Our developing thinking on MiFID II enforcement action
Failing to observe proper standards of market conduct – recent FCA enforcement action

The briefing will be held on 5 June 2019. For more information, or to register your attendance, please click here.