Judgement-led financial services regulation: challenging times

Judgement-led financial services regulation: challenging times

CategorySeminars Archive Author Nigel Pleming KC, Jenni Richards KC Date

With the reform of the regulatory infrastructure – the Financial Services Authority being split into two regulators, the Prudential Regulatory Authority and the Financial Conduct Authority – the Government has endorsed the more intensive and intrusive supervision developed by the FSA in response to the global financial crisis.

The Financial Services Bill extends the concept to early intervention in financial products if the FCA considers consumers are at risk. Judgement-led regulation is bound to lead to greater challenge by firms and senior management. An increase in such challenge has already been observed as FSA pushes its “credible deterrence” policy, particularly enforcement action against senior executives.

In a session chaired by Nigel Pleming QC, Jenni Richards QC and David Mayhew will be discussing the scope for such challenge by judicial review in the Administrative Court and referral of proceedings to the Upper Tribunal.

Related Barristers

Legal updates

Subscribe to our newsletters, updates and seminars.


Call +44 (0)20 7832 1111 for more information

Barrister portfolio


Click the + icon next to any barrister to add their profile to this portfolio.

Barrister Call CV Email