Speaker: James Alleyne, Kingsley Napley
Chair: Richard Coleman KC
Seminar: Insights into current developments in Financial Conduct Authority investigations and hot topics in financial services regulation, including how non-financial misconduct complaints are being addressed in the financial services sector.
Speaker: James Alleyne, Kingsley Napley
James Alleyne is Legal Director in the Kingsley Napley’s Financial Services Group. He advises clients on the full spectrum of financial services and FCA-related matters, including on authorisation applications, perimeter and supervisory issues, enforcement investigations and cases before the Regulatory Decisions Committee and Upper Tribunal.
James has a detailed understanding of the regulatory regime applying to firms and senior individuals under the Financial Services and Markets Act 2000, Payment Services Regulations 2017, Electronic Money Regulations 2011 and Money Laundering Regulations 2017.
James joined Kingsley Napley in 2022 from the FCA where he spent seven years in the Enforcement division, giving him a unique insight into the approach and working of the regulator. Whilst at the FCA James built the framework, and led the dedicated team responsible, for taking assertive supervisory intervention action against firms through the imposition of requirements, freezing of assets, banning of financial promotions and variations of permissions. This gave James a keen interest, and specialism, in the FCA’s use of supervisory intervention powers. In addition, his work while at the regulator within the crypto sector gave him particularly valuable insight into this sector.
James also has significant experience of advising on FCA criminal and regulatory enforcement investigations into firms and individuals and conducting related litigation, including in relation to conduct issues, systems and controls failings, conflicts of interest and compliance with anti-money laundering legislation and cases involving sexual misconduct in the workplace. James also has extensive experience in advising on contested authorisations cases for firms, senior individuals and in respect of changes in control.
Before joining the FCA James worked as an investigative lawyer in the Proceeds of Crime Department of the Serious Fraud Office, where he conducted restraint and confiscation litigation in cases of serious complex fraud and bribery and was the prosecutor on international criminal money laundering investigations.
Chair: Richard Coleman KC
Richard Coleman KC practises at Fountain Court Chambers. He is recognised in the legal directories as a leading practitioner in financial services, banking and finance, professional discipline, commercial dispute resolution and professional negligence, and was the Legal 500’s Financial Services and Insurance Silk of the Year in 2023. He has appeared in a number of leading cases concerning the regulation of financial services and related issues of public law, including in recent years R (All-Party Parliamentary Group on Fair Business Banking) v Financial Conduct Authority (ongoing), Financial Conduct Authority v Aviva plc, R (on the application of Holmcroft Properties Ltd) v KPMG LLP and Financial Reporting Council v KPMG and David Costley-Wood and (not so recently) the Bank Charges litigation and the PPI judicial review.