The prosecution of Konstantin Vishnyak: is the Financial Conduct Authority flexing its prosecutorial muscle?
Posted by Tim Thomas | Partner
On 26th September 2019
The Financial Conduct Authority (FCA) is the conduct regulator for all financial services companies in the UK. It is also the prudential regulator for over fifty-thousand financial services companies and a criminal enforcement agency. The recent appearance of Konstantin Vishnyak at Westminster Magistrates’ Court on 6th September 2019 provides a useful window into the present mind-set of the FCA, in its role as a criminal enforcement agency and its approach to criminal investigations.