Gurpreet Chahal and Andrew Hadley Comment on FCA’s Market Watch on ‘Flying’ and ‘Printing’
15 February 2024 — In an article published by Banking Risk and Regulation, Gurpreet Chahal, a Senior Director and Andrew Hadley, a Senior Managing Director in the EMEA Financial Services practice at FTI Consulting comment on the actions banks should take in response to the Financial Conduct Authority’s (“FCA”) warning about ‘flying’ and ‘printing’ practices.
Andrew Hadley says the FCA has told firms to build e-comms surveillance into their monitoring activities and monitor order activity under the Market Abuse Regulation.
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