Following the seminar co-organised by Outer Temple Chambers and FSLA on global investigations and judicial oversight, held on 17 November 2015, the chambers has published a detailed review and analysis of the event, which can be found here.
The panel was chaired by Richard Lissack QC of Outer Temple Chambers, with speakers Mark Steward, the new executive director of enforcement and market oversight at the FCA; Stephanie Pagni, the global head of litigation at Barclays Bank; Dorian Drew, a partner at Clifford Chance; Judge Timothy Herrington of the Upper Tribunal (Tax and Chancery Chamber); and Richard Hitchcock QC of Outer Temple Chambers.
Four key issues were highlighted by the speakers, namely:
- Seeking the truth versus settlement.
- The position of third parties.
- Follow-on commercial litigation.
- Collaboration between regulators and regulated firms.
The debate about collaboration has continued to run with Mark Steward’s discussion of the risk of double jeopardy for individuals and firms on 22 January 2016 at a PLI seminar.