RegulationSep 11 2023

Three recent cases raise questions over FCA enforcement strategy

  • Describe the interaction between Upper Tribunal and the Financial Conduct Authority
  • Highlight the UT's criticism of the FCA
  • Explain what the authors suggest about challenging FCA enforcement decisions
  • Describe the interaction between Upper Tribunal and the Financial Conduct Authority
  • Highlight the UT's criticism of the FCA
  • Explain what the authors suggest about challenging FCA enforcement decisions
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CPD
Approx.30min
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CPD
Approx.30min
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Three recent cases raise questions over FCA enforcement strategy
The FCA has had three recent cases overturned (REUTERS/Toby Melville/File Photo/Fotoware)
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CPD
Approx.30min
Please answer the six multiple choice questions below in order to bank your CPD. Multiple attempts are available until all questions are correctly answered.
  1. How have the UT's judgments treated three recent enforcement cases from the FCA?
  2. What did the UT find with regard to Markou?
  3. The matter is closed regarding Markou, true or false?
  4. Which of the following is NOT a criticism by the UT of the FCA in the Julius Baer case?
  5. On what basis did the UT reject the FCA's case on BlueCrest Capital Management?
  6. The authors state that persons under investigation may want to save costs and time by skipping the RDC stage altogether and proceeding directly to the Tribunal; true or false?
  7. To bank your CPD you must sign in or Register.
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