Strange bedfellows? Financial crime and de-regulation in the Government’s “Growth Mission” UK Corporate Governance; The Change in Landscape in Corporate, Civil, Criminal and Regulatory liabilities

The Chancellor of the Exchequer told the Mansion House Dinner in December 2024 that financial regulation enacted in the wake of the 2008 crisis had “gone too far” was stifling risk-taking, and called on the FCA to do more to support growth. The speech was followed by a letter from the Treasury, asking the FCA (and other regulators) to identify ways in which they would promote the government’s “growth mission”. 
In its reply (January 2025), and in evidence to the House of Lords, the FCA has repeatedly promised to target financial crime as a pillar of promoting the growth agenda. It promises “record” prosecutions and a “doubling down” on existing efforts. Financial crime, it is argued, impedes growth and erodes confidence in the London market.
But how is this to sit with the FCA’s other stated priorities: to reduce the regulatory burden, promote competitiveness and “take greater risks”? And how does it relate to the other enforcement activities of the SFO and FCA? 
In this panel discussion we will explore:
•       The financial crime landscape by reference to the Government’s “Growth Mission”.
•       Global trends in financial crime policy and enforcement (focussing on the US and Asia).
•       The dashed lines between civil wrongs, regulation and financial crime.