Nathaniel Barber Discusses the Future of FCA Enforcement Post-Brexit in CDR
July 16, 2019
Publication: CDR Magazine
English barrister Nathaniel Barber discussed the 2018-2019 report released by the UK’s Financial Conduct Authority (FCA) and its impact on regulatory priorities with Commercial Dispute Resolution. FCA’s report calls for emphatic change in regulation and the agency’s priorities in accordance with the changes following Brexit.
While the agency has broadened its responsibilities and begun a number of collaborative efforts with UK government, there is still a risk for disruption that the agency may not be prepared for. As an English barrister with a background in financial services regulation, Mr. Barber discusses what to expect as October 31 approaches. “Depending on the outcome of Brexit, I expect that there will be a slight dip in enforcement cases,” said Barber, “while the regulator and firms move to post-Brexit and work their way through the expectations of both the FCA and also European regulators.”