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ARTICLE · 16 JULY 2024

The FCA And The Future

Matt Cowie of Rahman Ravelli discusses the Financial Conduct Authority's (FCA) efforts to accelerate supervisory and enforcement actions, aiming for greater collaboration among its units. Focused on economic crime and market abuse, the FCA seeks enhanced effectiveness and alignment with strategic goals.

United KingdomCriminal Law

Matt Cowie of Rahman Ravelli considers the challenges facing the Financial Conduct Authority

The Financial Conduct Authority (FCA) has made it clear it is looking to quicken the pace of its supervisory and enforcement investigations.

The FCA's joint executive director of enforcement and market oversight, Steve Smart, stated at the Financial Services Investigations and Enforcement Summit in London that the authority is also focused on ensuring its enforcement, supervision and authorisations units are working together more seamlessly.

Part of Smart's attempt to achieve this goal of smoother, speedier working will involve resources being targeted, as well as streamlined investigations aligned to the FCA's strategic priorities.

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