Tuesday 20 June 2023 at 6pm
Taking place at The Law Society, 113 Chancery Lane, London WC2A 1PL
Members are invited to join Olie Dearie, Head of the Enforcement and Litigation Division at the Bank of England, for a discussion on the proposed changes to their enforcement policies. The changes – which are subject to consultation – are designed to create a single statement of policy identifying the various enforcement policies and procedures across its remit.
This will contain an updated version of the ‘PRA Approach to Enforcement’, as well as signposting the Bank’s other enforcement policies relating to financial market infrastructures, banknotes and in the context of the special resolution regime. The consultation also includes changes which are designed to facilitate earlier cooperation by subjects and faster investigatory outcomes, including via the introduction of an ‘Early Account Scheme’ and a revised approach to calculating the starting point for penalties for firms.
Agenda:
- Introduction by Farhaz Khan KC, 3VB
- Keynote speech by Olie Dearie, BoE
- Q&A led by Andrew Spink KC, Outer Temple Chambers
Register