Managing Conduct Risk and protecting against Market Abuse

Financial institutions have been facing challenges during the Covid-19 crisis and regulators have been closely monitoring the situation. The FCA, for example, has published various statements that clearly state its expectations of firms having adequate contingency plans to deal with the outbreak.

During these new working circumstances, regulators expect broader control environments, adequate recording and reporting. While regulators understand the challenges of these uncertain times, firms should consider the impact of Covid-19 on conduct risk and the possible increase of market abuse. Firms must look at steps they could take to mitigate outstanding risks and liaise with regulators as necessary.

Join MCO and Gowling WLG experts Sushil Kuner and Ian Mason, for a discussion of crucial aspects of Conduct Risk and Market Abuse mitigation. The agenda includes:

What does Conduct Risk mean?
FCA's 5 Conduct Risk Questions Programme
What are the Conduct Risk Drivers?
What should a good Conduct Risk Framework include?
The impact of Covid-19 on Conduct Risk
What is market abuse and why does it matter?
The heightened risks of market abuse arising from Covid-19
The FCA toolkit for market abuse
Current Enforcement trends

Sushil Kuner

Principal Associate, UK Financial Services Regulation

Sushil Kuner is a London-based principal associate who advises on all aspects of financial services regulatory law, having spent eight years working within the Supervision and Enforcement Divisions of the Financial Conduct Authority (FCA).

She has extensive regulatory experience and advises on a broad range of contentious and non-contentious financial services regulatory issues including anti-money laundering and anti-bribery controls, perimeter issues, conflicts of interest, suitability of investment advice/discretionary investment management decisions, conduct of business, e-commerce and payment services, consumer credit, mortgage regulation, financial promotions, treatment of customers, client asset rules, funds, market misconduct, product governance, corporate governance, personal culpability of senior individuals and conduct risk.

For full bio, please access Sushil Kuner profile at Gowling WLG.

Ian Mason

Partner, Head of UK Financial Services Regulation and Joint Head of UK Financial Services Sector

Ian Mason has more than 20 years' experience as a financial services regulatory lawyer providing advice on a broad range of matters, including FCA/PRA authorisation, supervision and enforcement. He is a former Head of Department in the Enforcement Division at the financial services regulator, as well as having worked in-house, and advising firms and individuals in private practice. He advises on a broad range of financial services regulatory issues, both non-contentious and contentious. He has significant experience in regulatory investigations, both in enforcement and on the defence side, representing firms and individuals such as CEOs, Heads of Compliance, MLROs and Heads of Trading.

Ian has significant expertise in advising on market abuse and financial crime issues, both in an enforcement and compliance context.

For full bio, please access Ian Mason profile at Gowling WLG.

ON-DEMAND WEBINAR

Managing Conduct Risk and protecting against Market Abuse during the COVID-19 crisis

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