Podcast Location:
Download it here [file size: 26 MB]
Categories:
Fraud, Financial Crime & Anti-Money Laundering
CPD Points:
Up to 1 point. details »

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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 podcast aims to discuss the FSA and its policies on market abuse and insider trading. It aims to provide an overview of the sanctions available, the various types of market abuse and insider and key cases that have involved the FSA

Outcomes:
After completing the course you will:
  • Understand what the FSA's policy of credible deterrence entails;
  • Appreciate how the fining regime has been modified;
  • Know recent examples of the fining regime in practice;
  • Understand what is meant by insider dealing;
  • Appreciate the civil and criminal sanctions available for insider dealing;
  • Understand the key aspects of market abuse;
  • Appreciate how successful the civil regime relating to market abuse was;
  • Know the seven main types of behaviour linked to market abuse;
  • Understand what happened in the case involving Anjam Ahmad;
  • Appreciate the insider trading performed by the Uberoi family;
  • Know what civil fines have been given in relation to market abuse;
  • Know the role played by dawn raids;
  • Know what is involved in Suspicious Transaction Reporting;
  • Know the FSA's financial crime objective;
  • Know what sorts of things firms should be doing to protect themselves from the FSA.
Level:
Intermediate Difficulty: 3 of 5
Classification:
Case Update
Legal Principles
Practical Guide
Sources and References:
  • There are no citations with this podcast.
Tags:

In this CPDcast, Ian Mason, a partner in Baker and McKenzie's Financial Services Group in London, discusses FSA compliance in relation to market abuse and insider trading. He examines the FSA's policy of credible deterrence and the key cases that have seen the revised FSA fining regime in action. He also looks at criminal and civil sanctions available and the different types of market abuse. He also discusses Suspicious Transaction Reporting, the FSA financial crime objective and what the future holds for this area of law.

Podcast last reviewed: 2011-07-25

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