Podcast Location:
Download it here [file size: 46.9 MB]
Categories:
Banking and Financial Services
Competition Law & Anti-Trust
CPD Points:
Up to 1 point. details »

Due to the difference in guidelines between the SRA and the Bar Standards Board, CPD points are awarded differently for Solicitors, Barristers and Legal Executives:

Regulated by the Solicitors Regulation Authority:
Listen and pass the quiz: Gain 1 CPD point (60 minutes)
Listen only, gain ½ a CPD point (30 minutes)

Regulated by the Bar Standards Board:
Listen and pass the quiz: Gain 1 accredited CPD point (60 minutes)

Regulated by ILEX:
Listen and pass the quiz: Gain 1 CPD point (60 minutes)
Listen only, gain ½ a CPD point (30 minutes)

Cost:
  • FREE
Length:
30 minutes of audio
(+ optional 5 minute online quiz)
Plays on Computer:
Yes Downloadable as MP3:    Yes
Contributor(s):
Course Aims:

This CPDcast aims to ensure that legal practitioners are familiar with the recent introduction of the Financial Conduct Authority’s competition law powers.

Outcomes:
After completing the course you will:
  • Know the meaning of “concurrency” in a financial services context;
  • Be aware of how “concurrency” works in a financial services context;
  • Understand the challenges that the concurrent approach faces;
  • Be aware of the approach that the Financial Conduct Authority takes to information sharing;
  • Know the differences between the approaches taken by the European Union and in the United States.
Level:
Intermediate Difficulty: 3 of 5
Classification:
Legal Principles
Market Update / Hot Topic
Sources and References:
Tags:

In this CPDcast, Michael Wainwright and Richard Jenkinson, respectively Partner and Associate at Dentons, speak about the Financial Conduct Authority’s Competition Law powers. Michael and Richard examine the meaning of the term “concurrency”, explain how “concurrency” works, the challenges that the FCA faces and the interaction that the FCA has with the Competition and Markets Authority and other regulators.

This course (podcast plus test) is accredited with 1 CPD hour for barristers at the Bar of England and Wales.

This course (podcast plus test) is accredited with 1 CPD point (0.5 for the podcast and 0.5 for completion of the test) for solicitors and legal professionals.

Podcast Length: 34:08

Date Recorded: 10th June 2015

NB: Please note that when this podcast was recorded the Financial Conduct Authority had not yet published the final guidance on its concurrent competition powers. Since the recording, the FCA's final guidance has been published. For further information, please visit https://www.fca.org.uk/news/fca-publishes-final-guidance-on-concurrent-competition-powers

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