05Jun
“Do the right thing” – FCA publishes speech by Therese Chambers (Joint Executive Director of Enforcement and Market Oversight at the FCA)
Published 1st June 2023
Speech by Therese Chambers, Joint Executive Director of Enforcement and Market Oversight at the FCA, delivered at the City & Financial FCA Investigations and Enforcement Summit.
Highlights
- Doing the right thing as part of your day job is easy in financial services and far more rewarding in the long run
- The FCA praises Quilter – parent company of Lighthouse Advisory Services – for taking action to redress customer losses
- Creditors for Woodford Equity Income Fund should seriously consider the offer on the table – this is the quickest and best chance to obtain redress
- FCA took assertive action in a case involving racehorses as part of its supercharged commitment to fight crime and fraud
