In this era of record fines and with a broad range of non-monetary enforcement tools at the regulators’ disposal the risks to the financial services professional appear to be ever increasing. However, the Financial Services and Markets Act 2000 does contain a number of vital checks and balances to guard against bad decisions by the […]

A non-executive director who failed to declare a conflict of interest has lost her appeal against the Financial Conduct Authority (FCA), which had fined her £154,800 and banned her from holding a regulated financial services role. In 2012, the FCA’s predecessor the Financial Services Authority (FSA) found that Angela Burns had “failed to act with […]