Bindmans can assist with the Financial Conduct Authority (FCA) investigations. The FCA is the regulator for financial services firms and individuals that work in them.

The FCA has wide-ranging powers to investigate and take enforcement action or bring criminal prosecutions in respect of persons and firms regulated by them and also people who are not regulated by them. Enforcement action can occur at any time the FCA considers it to be necessary. 

The FCA’s enforcement activity includes dealing with allegations of insider dealing, breaches of the general prohibition and money laundering regulations, misleading statements, market abuse and regulatory breaches of the FCA’s senior managers and certification regime and the principles for businesses and approved persons. 

The regulatory action the FCA can take is wide-ranging and is not restricted to court action. You don’t have to be authorised for the FCA for them to take enforcement action and for authorised entities enforcement action can occur at any time where the FCA deems it to be necessary.

The FCA will investigate and then determine what if any action to take. The investigation will include gathering information and evidence and interviewing persons they are investigating. Action can include warnings, issuing fines, making public announcements, issuing warnings and alerts about unauthorised firms and individuals, applying to the courts for civil orders and bringing criminal prosecutions to tackle financial crime, such as insider dealing, and other types of business crime that come under the purview of the FCA. 

Bindmans LLP advises individuals involved in investigations and prosecutions by organisations including the SFO, FCA, Office of Fair Trading, HMRC and Police Specialist Fraud case teams. Clients include lawyers, accountants and journalists. 

Chambers and Partners

If you become aware that the FCA is investigating you or your business it is important that you get legal advice as early as possible as to how you respond can affect what, if any, action is taken in the longer term. Our lawyers can engage with the FCA on your behalf at the earliest stages of an investigation. Each case is different and it is important to obtain legal advice for your particular circumstances.

Key Services

Fraud and White Collar Crime

Serious Fraud Office

Money Laundering

Bribery and Corruption

Cybercrime

Cash Seizures

Investigative Interview under Caution

Dawn Raids (Emergency Service)

Confiscation

Furlough Fraud

Companies Act Offences

Private Prosecution

Corporate Manslaughter

Financial Sanctions

Insider Dealing and Market Abuse

FCA Investigations

Bounce Back Loan Fraud