City & Financial Global: The FCA Investigations and Enforcement Summit 2023

The Summit is a highly regarded annual event addressing the latest developments in the FCA’s enforcement agenda. This year’s event covers a number of new issues which have an impact on the risk of an investigation or enforcement action. These include the rise in online scams, cyber frauds, and crypto risks including the risk to consumers and the risk of crypto being used for money laundering, evading sanctions, or other illicit purposes. With the cost of living crisis placing pressure on consumers, the focus will also be on consumer conduct and recent enforcement action in relation to customer communications and vulnerable customers. At a wholesale level, it will also cover some of the recent market abuse cases and related risks. The Summit also provides guidance on managing the practicalities of an investigation including dealing with internal investigations, the scope and remit of the FCA’s powers, preserving and analysing evidence, and dealing with the international dimension in cross-border investigations.