Compliance and Regulatory Consulting
Local and global compliance expertise for the financial services industry.
Compliance and Regulatory ConsultingThere is no doubt that wrongdoers should be held accountable for their crimes. Many years ago in The Wall Street Journal, Arthur Levitt Jr. said ‘hurt people where it hurts most, freedom or their pockets.’ As Mr. Clayton correctly stated, ‘[I]individual prosecution, particularly in the white-collar area, has a significant effect on behaviour.’
To avoid this and ensure we attract and retain people with the experience and skills necessary for an effective CCO, I offer a modest proposal – a safe harbor that would CARVE out liability by asking questions on five key areas:
If the answer to any of the above questions is ‘no’, then imposing personal liability may not be fair.
The Global Enforcement Review (GER) provides analysis and commentary on global enforcement trends in the financial services industry. To compile this report, we studied published data released by the UK Financial Conduct Authority (FCA), the U.S. Securities and Exchange Commission (SEC), the U.S. Commodity Futures Trading Commission (CFTC), the U.S. Financial Industry Regulatory Authority (FINRA), and the Securities and Futures Commission (SFC) of Hong Kong in 2016 and recent years. We have also explored the enforcement trends in various offshore jurisdictions.
Local and global compliance expertise for the financial services industry.
Compliance and Regulatory ConsultingRegionally targeted assistance for asset managers in compliance program development, implementation and maintenance
By JurisdictionAlternative investment valuation for private equity and hedge funds.
Portfolio ValuationIndustry and technical insights to win disputes related to contractual, fiduciary or related obligations.
Commercial Disputes and LitigationWe use cookies to give you the best possible user experience. View our privacy policy to find out more.