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Press Round-Up: Regulatory and Professional Discipline – May 2026
Jack Garden
The Financial Services Authority (FSA) is alive and kicking. Since bringing its first criminal prosecution for insider trading in 2008, it has secured 11 convictions with 15 defendants awaiting trials in the wings. This new muscularity has not been brought about by new law, but in the FSA’s change in attitude since the censure of its role in the 2008 crisis. Civil regulation is also experiencing a transition: while fines spiral ever upwards, clarity on how to avoid them is enjoying less of a boom.
Hamish Common considers the recent application of the civil sanctions regime as applied to environmental offending and asks what measures may be necessary to assure its success in the longer term?
Fitness to Practice Panel’s decision that actions of senior consultant gastroenterologist amounted to misconduct quashed as irrational.
Court highlights legislative lacuna which meant that a Police Appeals Tribunal (PAT) had no power to remit the case or re-determine the issue, leaving them with no other option but to reinstate the officer.
The important distinction between cases of clinical incompetence and misconduct when considering weight to be attached to remedial action is reaffirmed.
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