After banks were hit with massive financial penalties for manipulating LIBOR and FX benchmarks, enforcement in the UK has adjusted to a new normal. But what might financial institutions face going forward? Are huge penalties now history? What about the liability of individuals—has the sentiment behind the Yates memo found its way across the Atlantic to the United Kingdom? Will Brexit have an effect?
Please join Mayer Brown partners Guy Wilkes and Mark Compton for a review of recent enforcement and prosecution activity in the United Kingdom and a look at likely areas of FCA and SFO focus going forward.
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Mayer Brown’s Global Financial Markets Initiative helps clients deal with the legal and business challenges resulting from the ongoing turbulence in worldwide financial markets. By mobilizing the firm’s global resources from multiple practices and offices, the initiative provides clients with knowledgeable and timely counsel on a broad spectrum of their legal needs.