Financial Risks Group
Mishcon de Reya’s Financial Risks Group is a network of senior management, legal, risk, compliance, fraud and security personnel at financial institutions. The Group provides a forum for networking, best practice sharing and discussion under Chatham House Rule.
Your forum, your agenda
Risk topics discussed at FRG meetings are largely dictated by member issues and interests. Please feel free to email us in confidence with any requests or suggestions.
Interested in joining? Please contact Jenny Stebbing for more information.
Recent Events
Financial Crime - SFO Enforcement Priorities
Delagates heard from Richard Alderman, Director of the Serious Fraud Office, who gave an overview on the current enforcement priorities for the SFO in the areas of financial and corporate crime.
As the Director of the lead agency responsible for investigating and prosecuting domestic and overseas bribery and corruption, Richard also led a discussion on the impact and implications of the Bribery Act and the potential liability of senior officers of corporations.
Data Protection, Privacy and Freedom of Information - Enforcement Priorities at the ICO
Delegates heard from Dave Evans, Group Manager, Business and Industry at the Information Commissioner's Office, who led a discussion focussing on enforcement priorities at the ICO a year after the regulator was given the power to fine organisations £500,000 for the most serious data security breaches. Dave discussed the ICO's approach to audits of organisations' data protection compliance and highlighted some of the ways in which a business can be protected.
Trends in FSA Enforcement
30 senior delegates from a range of financial institutions, from hedge funds to large retail and investment banks, heard from Jamie Symington, Head of the Wholesale, Enforcement & Financial Crime division at the FSA who led a discussion looking at current trends in enforcement, the impact of credible deterrence and likely future activity.
Issue 6 - January 2012
This edition of Enforcement Watch looks both at the messages of the enforcement cases in the last few months and at what changes on the horizon are likely to mean for firms and individuals in the shape of future enforcement.