Purpose – The FSA Financial Crime Sector Leader, Philip Robinson, outlined the FSA's new policy on fraud within the regulated sector in his October 2004 speech. The FSA subsequently undertook a review of 16 regulated firms and how to prevent and detect fraud. This paper considers the findings...

Purpose – To consider the recommendations made by the Financial Services Authority (FSA) enforcement process review (the review). Design/methodology/approach – This paper has considered the concerns raised by the Financial Services and Markets Tribunal in the Legal & General case, the...

Purpose – The purpose of this study is to consider the case of Sean Pignatelli and consider surrounding commentary on the misuse of market information. Design/methodology/approach – The paper reviews the Financial Services Authority's (FSA) Final Notice and related publications. Findings –...

Purpose – The purpose of this paper is to describe the ramifications of the UK Extradition Act of 2003 in the light of the extradition of the “Nat West Three” to the USA. Design/methodology/approach – The paper briefly outlines the background to the case and discusses British extradition...

Purpose – The purpose of this paper is to consider the outcome of the Financial Services Authority (FSA)'s first ever contested criminal prosecution of company directors accused of making misleading statements to the market. Design/methodology/approach – The paper reviews the trial and the...

This paper summarises the FSA's enforcement action taken to date under the market abuse regime and considers how the implementation of the Market Abuse Directive (‘MAD’) will affect the work of city compliance officers. In particular, this paper focuses on the new requirement for the...