Kingsley Napley drafted in to represent alleged UBS rogue trader By Margaret Taylor 19 September 2011 12:40 17 December 2015 14:30 Sign in or register to continue reading. It's FREE Sign in Email Password Keep me logged in Forgot your password? Not registered? It's FREE! Register now Register with The Lawyer Anonymous 19 September 2011 at 12:47 Makes me wonder, who is paying for this legal representation? or is it pro bono due to the headlines it can grab? Reply Link Anonymous 19 September 2011 at 14:30 a defendant can get legal aid upon charged. Either KN is doing the case on legal aid or it is privately funded, I assume Reply Link Anonymous 19 September 2011 at 16:03 His big-shot dad anyone? Reply Link Anonymous 20 September 2011 at 00:23 I fail to see the reasoning behind the above snide remarks. In our black and white world, either the bank was to blame or the individual. Naturally, the bank has almost unlimited resources and the individual will be blamed. However, anyone who has worked in this field will tell you that banks strive foremost for profit. This is reflected in how they incentivise employees. Their compliance systems and controls are a secondary or tertiary consideration and (until very recently) have tended to be manned by failed business-persons. Accordingly, it is probably more important for our general welfare that everyone understands how such institutions operate and how this can be improved – rather than prosecuting another shoplifter. This means providing the best legal support to the relevant individual so that he or she can resist the institution’s almost inevitable assertion that he or she was a “rogue trader”. Unfortunately (for our general welfare), the FSA focusses on easy goals and fines the banks minuscule amounts for serious wrongdoing. Alternatively, the blame is placed on the individual. No one learns and Barings is a distant dream. THIS IS ALL ABOUT SENIOR MANAGEMENT RESPONSIBILITY ALTHOUGH NO-ONE WILL ACCEPT THAT. Reply Link NuffPQE 21 September 2011 at 16:02 Well said Anonymous 0:23am. Whoever is paying is irrelevant. No one seems able to control this gambling profession that is known as investment banking. The FSA is toothless. Reply Link Anonymous 9 November 2012 at 20:50 Well, isn’t it amazing how far this has come?! Reply Link Name Email Cancel reply Threaded commenting powered by interconnect/it code.