The Financial Conduct Authority sees a rise in the number of cases brought to its attention by whistleblowers, and awaits its first case involving the new Senior Managers and Certification regime.
Enforcement activity at the Financial Conduct Authority has increased year-on-year to record levels.
The year to March saw 508 cases opened and 510 cases resolved. That compares with 445 and 431 in the previous year.
The cases range from serious misconduct, to misdemeanours such as failing to pay fees.
In a note for the FCA's annual report, Tim Parkes, chair of the regulatory decisions committee (RDC) of the CFA, said: "Looking forward, I would expect a largely similar mix of cases to those we have seen over the last year...
"We shall however look out for our first case involving the new senior managers and certification regime (S
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