Join us for a topical discussion on the challenges of, and strategies for, managing FCA regulatory requirements and expectations whilst subject to either a fraud investigation or fraud litigation.
Our panel of experts - ranging from fraud specialists, regulatory and restructuring lawyers - will draw upon their experiences of supporting insolvency practitioners and other clients through these challenges, as well as discussing insight gained whilst working in-house at the FCA. Issues covered will include the following, from both an offshore and onshore perspective:
- Where you are a regulated firm, managing the interactions, expectations and requirements of the FCA with regards to the fraud investigation or litigation – as well as the importance of ensuring that BAU is not affected by those challenges.
- Ongoing learnings and discoveries brought to light during the investigations or litigation, and how firms ought to consider enhancements to business due to these.
- Where frauds have impacted regulated firms’ customers, what would the FCA expect with regards Consumer Duty, remediation and complaints handling?
- The interplay between fraud litigation and regulatory investigations and enforcement. When you are the victim, considering the ability to recover losses in light of regulatory investigations and potential fines against the regulated fraudsters.
- Invigorated Economic Crimes Unit, regulators and a heightened investigatory environment.
- Managing regulatory reporting obligations during a criminal investigation: the right to silence (Crown) versus the duty to report (Regulator) regarding conduct subject to a criminal investigation, factoring in the potential for cooperation between Crown and Regulator – damned if you do and damned if you don't?
Networking drinks will take place after the session and we would be delighted if you could join us.
This event is part of London International Investigations and Asset Recovery Conference, taking place from the 21st-23rd November. For further information please see the website here.