Introduction
At the end of March the FSA was added to the list of specified prosecutors who hold the power to offer immunity from prosecution. This is a new weapon in the FSA's armoury in its battle to combat insider dealing.
For the last couple of years, the FSA has been indicating its intention to utilise its powers as a criminal prosecutor. In her recent speech at the European Policy Forum, Margaret Cole, Director of Enforcement, FSA, explained why:
'It is a direct reaction to the findings of the market cleanliness study...and the belief that criminal prosecution where a custodial sentence is a real risk will act as a stronger deterrent than a civil/administrative market abuse prosecution under FSMA
it is a significant shift of emphasis for the FSA and it comes with risk.' Read more >>
Event details
Date:
Thursday 25 September 2008
Location:
Hyatt Regency Churchill Hotel
London, W1A 4ZX
6.5
CPD
Hours
