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After an introduction by Olie Dearie, Head of the Enforcement and Litigation Division at The Bank of England, there will be a discussion and chance to put questions to Olie and the rest of the panel regarding the proposed changes to the Bank of England’s enforcement policies. The changes – which are subject to consultation – are designed to create a single statement of policy identifying the various enforcement policies and procedures across its remit.
The changes will contain an updated version of the ‘PRA Approach to Enforcement’, as well as signposting the Bank’s other enforcement policies relating to financial market infrastructures, banknotes and in the context of the special resolution regime. The consultation also includes changes which are designed to facilitate earlier cooperation by subjects and faster investigatory outcomes, including via the introduction of an ‘Early Account Scheme’ and a revised approach to calculating the starting point for penalties for firms.
This event is hosted by Financial Services Lawyers Association (FSLA). FSLA provides a forum for the open exchange of views and the dissemination of knowledge and ideas relating to financial services law and regulation. It creates opportunities for financial services lawyers to meet each other at a variety of educational and social events which take place throughout the year. The aim of FSLA is to foster co-operation between the various financial services stakeholders including lawyers and policy experts in industry, academia, regulators and government.
Andrew Spink KC will chair the panel discussion. Also in attendance will be fellow Outer Temple barrister Henry Reid, who is Treasurer and Executive Committee Member of the Financial Services Lawyers Association (FSLA).
To find out more on this event and to register (FSLA members only), please click here.
Andrew Spink KC is a highly respected advocate with 35 years’ experience at the Bar, of which 17 years have been as a successful KC. Andrew has a broad-based business law practice, specialising particularly in disputes relating to the interpretation or breach of most types of commercial contract and trust deed, claims for breach of fiduciary duty, freezing injunctions and asset recovery, cross-jurisdictional issues, CPR Part 8 claims as well as hostile CPR Part 7 claims for damages and other relief in the context of pensions and other commercial trusts, banking and financial services, a wide range of other commercial contracts, professional negligence claims and company law and insolvency issues.
Henry Reid’s practice covers a wide array of commercial, corporate and financial services matters with an emphasis on commercial litigation, contentious and non-contentious financial services, regulatory investigations, fintech, sanctions and banking law. Henry is Treasurer and Executive Committee Member to the Financial Services Lawyers Association (FSLA).
For more information on Andrew and Henry contact Sam Carter on +44 (0)203 989 6669 or Colin Bunyan on +44 (0)20 7427 4886 for a confidential discussion.
News 16 Jun, 2023