If you’ve been accused of, or are concerned about being accused of fraud by the Financial Conduct Authority (FCA), it’s important that you get professional legal advice as soon as possible.
Who are the FCA?
The FCA took over the regulation of the UK’s financial services industry in 2000, and investigates high profile financial misconduct cases such as abuse of financial markets, fraud in business and money laundering. If you’re under investigation by the FCA, it’s important to know what they have the power to impose upon you. The FCA are able, by law, to subject businesses to financial penalties, issue fines, withdraw financial permissions and issue warning and decision notes. It’s also possible for the FCA to prosecute offenders through the UK courts, which could result in imprisonment or an unlimited fine for the defendant.
What to do if you’re under investigation from the FCA
If you’re under investigation from the FCA, it’s important to to seek legal advice from a professional, advisedly a solicitor who specialises in complex financial fraud matters. Contact us directly on 0151 922 5525 or fill out our contact form and a member of our knowledgeable legal team will be in touch.