Two new Joint Executive Directors of Enforcement and Market Oversight appointed by the FCA in 2023 will settle into their roles over the year ahead. Following a period of enforcement defined by increased investigations and a willingness to push the envelope of legal interpretation, firms will look toward the coming year to resolve which areas of focus the FCA will prioritise. Recent activity suggests that the FCA aims to align its enforcement with its broader strategy, expedite the resolution of legacy cases, and improve its data and monitoring capabilities, while also addressing non-financial misconduct and maintaining a focus on retail conduct and market abuse. While the PRA has historically been less active in enforcement, PRA-authorised firms will look to see whether the regulator’s new early account scheme makes a difference to the enforcement process. In this episode of Connected with Latham, the latest in a 10-part series complementing Latham’s “10 Key Focus Areas for UK-Regulated Financial Services Firms in 2024” report, London partners Rob Moulton and Andrea Monks address the key issues expected to emerge on the radars of the FCA’s joint heads of enforcement, and the potential impact of the PRA’s changes to its enforcement process. They also discuss the regulators’ data strategy and potential “quality over quantity” approach to investigations.
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Episode 21 – Healthcare Tech: How Are Licensing Agreements Bridging the Industry Divide?
Episode 20 – Healthcare Tech: How Will the FDA Regulatory Framework Adapt to AI?
Episode 19 – Copyright & Brexit: How Will Article 15 of the EU Copyright Directive Affect Publishers and Platforms?
Episode 18 – Tech Trends: Has the Tide Turned for Transatlantic Data Transfers Post-Schrems II?
Episode 17 – Copyright & Brexit: Will the UK Copy the EU Directive or Develop Its Own Regime?
Episode 16 – Insolvency Reform: Spotting and Mitigating Future Risk in Supply Relationships
Episode 15 – Healthcare Tech: What Legal Pitfalls Should Tech Companies Avoid As They Jump Into Healthcare?
Episode 14 – Fintech Focus: Crypto in the Crosshairs – What Regulatory Themes Characterized 2020?
Episode 13 – Fintech Focus: How Did Singapore Solidify Its Position as a Leading Fintech Hub in 2020?
Episode 12 – Fintech Focus: Payments During the Pandemic – What Key Legal and Regulatory Themes Emerged During 2020?
Episode 11 – Restructuring in Asia: How Will Chinese Bond Defaults Resolve?
Episode 10 – PE Views: The Lipstick Effect — Why Are Beauty Deals Increasingly Attractive for Private Equity?
Episode 9 – Tech Trends: CCPA and the Next Wave of Data Privacy Regimes
Episode 8 – Corporate Culture: How to Attain Sustainable Change
Episode 7 – Brexit & Financial Services: Preparing for the End of the Transition Period
Episode 6 – Tech Trends: Tech M&A – How Has the Pandemic Changed the Market?
Episode 5 – Insolvency Reform: Termination on Ipso Facto of Supply Contracts
Episode 4 – The ABCs of ESG: How Are Companies Going Beyond the Basics?
Episode 3 – Tech Trends: AI is Here. Now, can we teach the robots ethics and legal compliance?
Episode 2 – Tech Trends: How Does Growth Debt Fuel Startups Between Equity Rounds?
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