A new perspective on the FCA's focus on market abuse

The FCA's focus on market abuse is nothing new. Frequent references to the FCA's focus on tackling market abuse have featured in every single one of its Business Plans since 2013/14, with similar references also running through FSA's Business Plans beforehand. However, 2020 was almost unprecedented in terms of how much focus the FCA placed on market abuse.

This article first appeared on Practical Law and is published with the permission of the publishers.  

This article has been updated since it was originally published, to reflect the fact that the FCA has now taken enforcement action against Mr Abbattista.