Context
The FCA has published a speech, delivered by Therese Chambers, FCA Joint Executive Director of Enforcement and Market Oversight, at AFME’s European Compliance and Legal Conference 2025.
Key points to note and next actions
- Confidence is the foundation of competitive markets and economic growth. Tackling the financial crime that damages confidence in financial services is an FCA priority.
- The speech likens the costs of preventing financial crime to an investment which will save firms money and pay dividends in the one commodity our markets can’t function without: confidence.
- The speech considers the issues of building trust through proportionate and effective enforcement and, through support, preventing financial crime and driving confidence.