Has the FCA made settling more appealing?

Changes to the Regulatory Enforcement Process

Significant changes to the FCA enforcement process for firms and individuals under investigation came into force on 1 March 2017, following the release of a joint Policy Statement by the FCA and PRA in February 2017. These changes have been introduced following a review by HM Treasury and the Green Report, with the aim of improving the transparency and effectiveness of the regulators’ enforcement processes.