TY  - JOUR
AB  - Purpose To review the FCA’s new enforcement process, drawing on what we believe are the positives and negatives and how the FCA should further improve the enforcement process.Design/methodology/approach Breaks down the FCA’s new enforcement process, highlighting the background and stimulus for change, the structural and cultural change, other process changes and our hopes for further reform.Findings Prospects have improved for firms/ individuals who are subject to FCA enforcement actions. Defendants who have good defensive arguments to make, but who would previously have felt under pressure to jettison those arguments in order to settle at an early stage and secure a 30 per cent discount will now be subject to a fairer process, weighted less favourably for the regulator.Originality/value Practical guidance from experienced regulatory lawyers who have valuable insight after working within the FCA.
VL  - 18
IS  - 3
SN  - 1528-5812
DO  - 10.1108/JOIC-06-2017-0029
UR  - https://doi.org/10.1108/JOIC-06-2017-0029
AU  - James Polly
AU  - Jamieson Adam
PY  - 2017
Y1  - 2017/01/01
TI  - The FCA’s new enforcement process – what will work, and what won’t
T2  - Journal of Investment Compliance
PB  - Emerald Publishing Limited
SP  - 79
EP  - 81
Y2  - 2024/09/19
ER  -