Regulatory investigations

Financial services regulators across the globe show no sign of relaxing their assertive supervisory and enforcement approach. The SEC’s actions on matters such as insider dealing and expert networks, the FSA’s use of skilled persons reviews and enforcement proceedings on numerous systems and controls and financial crime issues, and IFSRA’s move towards a more robust enforcement regime all testify to this continued trend.

Our combined team of deep regulatory experts (including ex FSA and SEC officials), forensic professionals and senior executives from industry has extensive experience in undertaking regulatory reviews and investigations. Our professionals may be involved at the initial detection stage and will work with the firm and the regulator concerned to agree the scope of any investigation and reporting expectations. We then handle all aspects of the project, including examining evidence and interviewing individuals as necessary, before producing reports of our findings, identifying any areas of weakness and commercially appropriate recommendations for improvement. We will continue to liaise with the regulator and firm to ensure that the findings are properly communicated and understood. Our services include:

• internal investigations
• pre-enforcement/supervisory reviews
• skilled persons appointments (s.166 of FSMA)
• enforcement investigations
• Foreign Corrupt Practices Act & UK Bribery Act investigations

For further information please contact Nick Matthews or Julian Korek in London, Ann Gittleman or  Joel Cohen in our New York office. Visit our Regulatory consulting & compliance area to read more about our regulatory expertise.