FCA: Out with the old (enforcement cases) and in with the new

Ashurst assess the first four months of office for the FCA’s new joint Executive Directors of Enforcement.

Therese Chambers and Steve Smart have been in role as the FCA’s joint Executive Directors of Enforcement for nearly four months (Smart commenced his role on June 21, 2023) and we are now starting to see early signs indicating their strategic direction.

In particular, there has been a notable uptick in the

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