The latest edition of our Regulation in Focus podcast series features Karen Anderson and Andrew Procter, both partners in our FSR practice and both former regulators, in conversation about the FCA's plans to streamline regulatory decision-making, which - if the FCA proceeds as proposed - will be a significant change to how authorisation, supervision and enforcement are delivered. Karen and Andrew review the arguments which led to the establishment of the Regulatory Decisions Committee to provide independent administrative decision-making. They then outline the FCA's plans for change and discuss whether the regulator has a strong case.
https://soundcloud.com/herbert-smith-freehills/regulation-in-focus-ep6-fcas-regulatory-decision-making-proposals/s-re3BGpf08pM
To find out more about the FCA's proposals, see our recent article FCA’s regulatory decision-making proposals – faster and less costly, but at what price?
In conversation with…
Andrew is a partner in the (contentious) financial services regulatory team in London. He advises multinational clients on their most important strategic regulatory and risk issues, bringing uniquely strategic judgement drawn from senior leadership roles at regulators, in-house and in private practice.
Karen is a partner in the (contentious) financial services regulatory team in London. She helps banks and brokers with a wide range of regulatory issues, including responding to reviews, attestations and inquiries, focusing particularly on market abuse, wholesale conduct, conflicts of interest, sponsor duties, investment research, and systems and controls issues. Karen also leads the FSR horizon-scanning team
.
Key contacts
Disclaimer
The articles published on this website, current at the dates of publication set out above, are for reference purposes only. They do not constitute legal advice and should not be relied upon as such. Specific legal advice about your specific circumstances should always be sought separately before taking any action.