Enforcement Watch Issue 20 August 2016 1889 Editor's Note The last 4 months have not seen a glut of enforcement activity and news coming out of the regulators. However, the activity that we have seen has been somewhat unusual and it has produced some results that will be of real interest to those who keenly watch enforcement. As ever, we hope your find our commentary interesting. Read more 1891 Tribunal stay decision in unusual circumstances Following a multi-party hearing, the Upper Tribunal ordered that a stay should be lifted in one reference, but continued in another. Amongst the numerous parties who contributed to the hearing, there were two individuals who had standing and who made applications in respect of stays. Read more 1893 Market abuse penalties and restitution The FCA has issued a Final Notice in the case of Gavin Breeze. Breeze was fined £59,557 (reduced from £85,057 because of a stage 1 settlement discount) and received a public censure. Read more 1895 Cenkos fined for breach of the Listing Rules The FCA has issued a Final Notice to Cenkos Securities Plc. The AIM listed company was fined £530,000 (reduced from £757,000 because of a stage 1 settlement discount) in relation to its sponsor services role. Read more 1900 Andrew Tinney appeals Decision Notice The FCA has issued a Decision Notice to Andrew Tinney, former Global Chief Operating Officer of Barclays Wealth and Investments Management (Wealth), a division of Barclays Bank Plc (the Firm). Read more 1902 FCA Annual Report 2015/16 The FCA published in July its Annual Report to 31 March 2016. As ever, it offers an interesting summary of the FCA's year as well as its views on certain key issues. Read more 1904 New regime for Market Abuse With effect from 3 July, the market abuse regime set out in the Financial Services and Markets Act 2000 has been repealed and replaced with the directly effective Market Abuse Regulation. Read more 1906 New rules on whistleblowing come into force New FCA/PRA whistleblowing provisions came into force on 7 September 2016. For some firms, they constitute rules and for others, they constitute guidance only. Read more Enforcement Case Highlights 9 June 2016: Tribunal stay decision in unusual circumstances - read more 15 July 2016: Market abuse penalties and restitution - read more 8 August 2016: Cenkos fined for breach of the Listing Rules - read more 14 September 2016: Andrew Tinney appeals Decision Notice - read more On the Horizon FCA Annual Report 2015/16 - read more New regime for Market Abuse - read more New rules on whistleblowing come into force - read more Previous Issues Prev Issue 37 May 2022 Issue 36 Jan 2022 Issue 35 Sep 2021 Issue 34 May 2021 Issue 33 Jan 2021 Issue 32 Sep 2020 Issue 31 Jun 2020 Issue 30 Jan 2020 Issue 29 Jul 2019 Issue 28 Apr 2019 Issue 27 Jan 2019 Issue 26 Aug 2018 Issue 25 Apr 2018 Issue 24 Jan 2018 Issue 23 Aug 2017 Issue 22 Apr 2017 Issue 21 Jan 2017 Issue 20 Aug 2016 Services Dispute Resolution Financial Services People Michael Armstrong Adam Epstein Derval Walsh Share