Catherine Pluck (UK)

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The FCA has published its Enforcement annual performance report 2017/18, which provides an overview of the FCA’s enforcement activities over the last year. In summary, the FCA is opening more cases, but the average financial penalty has fallen significantly by around 65% and, although the average cost of civil and regulatory cases is down, the average length of these cases has increased by around 6 weeks. Conversely, criminal cases are costing more but concluding…