Claire Cross discusses FCA annual enforcement performance report in GIR

The UK Financial Conduct Authority (FCA) has released its annual enforcement report on 9 which revealed that the number of cases on the watchdog’s books increased from 496 in April 2018 to 650 in March 2019.

Partner Claire Cross said: “It is clear FCA enforcement needs to place more pressure on the investigatory accelerator pedal. Leaving individuals under the threat of regulatory or criminal action for long periods of time, due to an overeager regulator taking on more work than it can handle in a timely manner, is just not acceptable.”

Read the full article in Global Investigations Review, behind a paywall, here