FSLA and Blackstone Chambers are holding the Annual Enforcement Trends conference with the FCA this week. It will be interesting to see how closely aligned it is to the trends across the Atlantic that the SEC Speaks conference highlighted in February.
It was a relatively slow start to the year last year for the FCA , but it has been a strong start this year with over £3m in fines against individuals and corporates so far. The FCA has levied its first fine and prohibition against an individual for breaches relating to LIBOR trading and perhaps we will see the first fines for competition breaches flowing from the investigations it started last year.
What are your predictions?
The U.S. Securities and Exchange Commission (“SEC” or the “Commission”) held its annual SEC Speaks conference in Washington, DC on February 23 and 24, 2018 and provided remarks from the Chairman and commissioners, discussions regarding current enforcement initiatives and enforcement priorities for the upcoming year and an update on litigation, judicial and legislative developments.