Financial regulation: what to do when things go wrong
Event date: 22/05/19
Location: Penningtons Manches, 125 Wood Street, London, EC2V 7AW
This seminar will consider best practice when a financial services firm is exposed as a result of wrongdoing, what duties it owes to the FCA and how these duties interact with the way it deals with its employees. A firm will want to investigate what has gone wrong and may well have to notify the FCA and/or take action against those implicated. We will consider:
- approaches to interviews with employees: what you will need to provide to the FCA and what employment issues arise;
- how FCA investigations and allegations of regulatory breach overlap with decisions as to suspension and disciplinary action;
- when issues of whistleblowing arise, how to protect whistleblowers and to avoid detriment claims;
- whether and when the firm should report the problem to the FCA;
- the firm’s role when complaints are made about individuals;
- issues around privilege and providing documents to the FCA;
- reducing the scope for/the size of financial penalties and other regulatory action.
If you have any queries regarding this event or would like to register to attend, please email Vicki Cozens or call Vicki on 01256 407161.