Financial Conduct Authority to Publicise Warning Notices in Enforcement Actions

    View Authors October 2013

    The Financial Services Act 2012 gave the Financial Conduct Authority (FCA) a new power to publish information about certain Warning Notices in proposed disciplinary actions against regulated firms and individuals, a “Warning Notice Statement” (WNS).

    On 15 October 2013, the FCA confirmed, after a period of consultation, that it will, going forward, be using this new power in enforcement cases.