FIN.
Financial Crime Prevention

FCA speech on effective compliance with the Market Abuse Regulation

15/11/2017
FIN. Team

On 14 November 2017, the FCA published a speech delivered by Julia Hoggett, Director of Market Oversight at the FCA, at the ‘Recent Developments in the Market Abuse Regime’ conference. The speech focused on effective compliance with the Market Abuse Regulation.

Ms Hoggett highlighted in her speech that:

  • effective oversight and compliance cannot and should not stay still;
  • the manner in which the FCA is set up to surveil the markets today is very different from the structure several years ago, and will continue to evolve;
  • market abuse impacts the smooth operation of the markets by adding cost or reducing returns for participants and ultimately eroding trust in the UK markets; and
  • trust is essential in any society and necessary to ensure markets function well and efficiently.

FIN. Team

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