In the build-up to his appointment as chief executive of the Financial Conduct Authority (FCA) in 2020, Nikhil Rathi stated that his vision for the regulator involved “a stronger,.
Sanctions: Time for a general licence to cover basic needs lawgazette.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lawgazette.co.uk Daily Mail and Mail on Sunday newspapers.
In the United Kingdom, the Financial Conduct Authority has been tasked with regulating the conduct of financial-services firms and financial markets. The regulator has been criticised for falling short of prompt enforcement, causing the FCA to analyse its supervisory and enforcement operations and aim for faster but fewer investigations.
The long-awaited Economic Crime and Corporate Transparency Act received Royal Assent on 26 October. This represents a significant turning point for the law on corporate criminal.