Slide background

    "Noted for the excellence of its white-collar defence practice"

    Chambers & Partners, 2014 edition

    Slide background

    "Outstanding financial crime defence practice"

    Chambers & Partners, 2014 edition

    Slide background

    "It’s a deluxe firm which pulls out all the stops for its clients"

    Chambers & Partners, 2014 edition

    Slide background

    "They are the market leaders for serious crime’"

    Chambers & Partners, 2014 edition

    Slide background

    "Kangs has an excellent reputation. They care about their clients and go the extra mile for them"

    Chambers & Partners, 2014 edition

    Slide background

    "Kangs Solicitors is a standout firm"

    Legal 500, 2014 edition

    Slide background

    "Kangs Solicitors is in the highest tier of firms"

    Legal 500, 2014 edition

    Slide background

    "Hamraj Kang is noted for his very sharp legal brain"

    Legal 500, 2014 edition

    Slide background

    "Kangs Solicitors fields a team of ‘technically able solicitors’
    and is well regarded for its serious crime and fraud work"

    Legal 500, 2014 edition

    Slide background

    "Hamraj Kang is a shrewd tactician and very experienced"

    Legal 500, 2013 edition

    Slide background

    "What the team is known for - handles an extensive array of criminal matters
    including murder, drugs and white-collar crime"

    Chambers & Partners 2013 edition

    Slide background

    "Adept at dealing with cases that have an international dimension"

    Chambers & Partners 2013 edition

    Success in FCA Conduct Investigation |FCA Defence Solicitors

    Criminal Defence Solicitors | Vat & Tax SolicitorsNEWSSuccess in FCA Conduct Investigation |FCA Defence Solicitors

    Feb

    16

    February 16 , 2017 | Posted by Kangs Solicitors |

    Success in FCA Conduct Investigation |FCA Defence Solicitors

    Dean Phillips of Kangs Solicitors has successfully advised and represented a client subjected to a Financial Conduct Authority (FCA) Investigation with the result that both his and the reputation of his business have been protected.

    The FCA alleged that the client and his company had engaged in a regulatory activity whilst being unauthorised to do so.

    The Potential Consequences | Kangs FCA Solicitors 

    Had a successful outcome not been achieved, our client could have faced the following consequences:

    • a lengthy disruption to his business
    • the risk of public warnings
    • the potential imposition of a substantial financial penalty
    • under s.23 of FSMA 2000 such conduct could result in the FCA launching criminal proceedings and
    • if found guilty of such an offence he could have faced additional fines or up to a 2-year prison sentence.

    How We Helped | Defending FCA Investigation

    In order to assist our client Kangs Solicitors:

    • Immediately obtained from the FCA additional time to respond, thereby allowing sufficient time for full information to be obtained
    • Provided prompt and detailed initial representations to the FCA
    • Guided and advised our client on how to respond to FCA requests for further information
    • Continued a constructive dialogue with the FCA in order to progress the matter.

    The Result | Kangs Financial Defence Team

    After considering the representations provided (both written and oral) the FCA confirmed that no further action would be taken against our client or his company.

    Whilst the FCA asserted that a breach had in fact taken place (as the client had been initially advised by Kangs Solicitors), the evidence put forward in the representations, and the prompt and proactive disclosure, reassured the FCA sufficiently for them to agree that it was not in the public interest to proceed.

    The client was thankful that, as the result of the support and guidance provided by Dean Phillips of Kangs Solicitors, the FCA inquiry was brought to a swift and successful conclusion.

    How Can We Help? | Kangs Regulatory Defence Solicitors

    Dean Phillips is a Senior Solicitor at Kangs Solicitors and is regularly instructed to advise on a wide range of regulatory matters relating to:

    At Kangs Solicitors we are able to offer a wealth of experience in defending these regulatory offences and more.

    We have a successful specialist regulatory department with a team of solicitors dedicated to defending allegations of this nature.

    Who Can I Contact For Help? | Kangs Solicitors

    Should you require any guidance and advice then please do not hesitate to contact our team through any of our below mentioned solicitors who will be pleased to meet you for an initial free consultation.

    Hamraj Kang
    hkang@kangssolicitors.co.uk
    07976 258171 | 020 7936 6396 | 0121 449 9888

    John Veale
    jveale@kangssolicitors.co.uk
    07779 055907 | 0121 449 9888 | 020 7936 6396

    Tim Thompson
    tthompson@kangssolicitors.co.uk
    0121 449 9888 | 020 7936 6396 | 07710 67 77 67

    Print this page