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ARTICLE · 02 FEBRUARY 2018

FCA Pulls No Punches In Its Quest For Clean Markets

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Mishcon de Reya LLP

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On 14 November 2017, Julia Hoggett (Director of Market Oversight at the FCA) delivered a speech about compliance with the market abuse regime.

United KingdomFinance and Banking
Mishcon De Reya
Mishcon De Reya

On 14 November 2017, Julia Hoggett (Director of Market Oversight at the FCA) delivered a speech about compliance with the market abuse regime. Whilst the speech broadly set out the FCA's approach to surveillance and oversight, and what it expected of firms and listed institutions, we have picked out certain specific points likely to be of keen interest to those interested in enforcement and those where enforcement action may result:

  • Methods of effective oversight of, and pursuit of compliance with, the market abuse regime should not stand still, either for regulators or those they regulate.  The FCA's approach to the way it monitors the markets has changed considerably over the years and the FCA expects it will continue to do so.

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