This conference is being held at a particularly opportune time, given the recently announced fundamental reform of the regulatory architecture in the UK, including the establishment of a new Financial Crime Agency. However, these changes will not be implemented until 2012, until which time the FSA will remain the policeman for market abuse.
The FSA Annual report, published in June 2010, commented on what they describe as "a fundamental change to the FSA's enforcement approach" which included the aim of following a strategy designed to achieve "credible deterrence" by pursuing market abuse and inadequate management responsibility in a more aggressive manner. The fruits of this policy can be seen in the number of recent prosecutions for insider dealing and US style dawn raids on City firms.
We are delighted that Tracey McDermott, Joint Head of Wholesale Enforcement at the FSA, has agreed to give a keynote address
Recent Developments in the Market Abuse Regime has been structured to examine both the nature and scope of the FSA's new policy on Market Abuse enforcement and also the best approach an individual and institution should take if faced with a charge of Market abuse.
Chairman
Martyn Hopper, Partner, Herbert Smith LLP
Keynote address
Tracey McDermott, Joint Head of Wholesale Enforcement, Financial Services Authority
Market Experts
Christa Band, Partner, Linklaters LLP
Tim Binning, Policy Officer – Securities Market, DG Markt, EU Commission
Chris Borg, Partner, SNR Denton
Diane Bouwmeester, Senior Associate, Freshfields Bruckhaus Deringer LLP
Susannah Cogman, Partner, Corporate Crime, Herbert Smith LLP
Carlos Conceicao, Partner, Clifford Chance LLP
Marc Cornelius, Manager, Policy and Regulation, IST Compliance, BP
Lance Croffoot-Suede, Partner, Linklaters LLP
Sian Dalrymple, Managing Director, Complaiance, Legal, Risk & Capital, Deutsche Bank
Angela Hayes, Partner, Mayer Brown International LLP
Etay Katz, Partner, Allen & Overy LLP
Jonathan Marsh, Partner, Berwin Leighton Paisner LLP
Georgina Robbins, Director, Georgina Robbins Associates
8.15 Coffee and registration
9.00 Chairman’s opening remarks
Martyn Hopper, Partner, Herbert Smith LLP
9.05 Keynote address – The FSA and enforcing the Market Abuse Regime
Tracey McDermott, Joint Head of Wholesale Enforcement, Financial Services Authority
9.40 Enforcing market abuse: how to deal with the whole criminal process
·Dawn raids
·Searches
·The prosecution process
Susannah Cogman, Partner, Corporate Crime, Herbert Smith LLP
10.15 Enforcement Panel - Internal investigations in relation to market misconduct
Tracey McDermott, Joint Head of Wholesale Enforcement, Financial Services Authority
Carlos Conceicao, Partner, Clifford Chance LLP
Angela Hayes, Partner, Mayer Brown International LLP
11.00 Morning coffee
11.20 The reform agenda
Tim Binning, Policy Officer – Securities Market, DG Markt, EU Commission
Diane Bouwmeester, Senior Associate, Freshfields Bruckhaus Deringer LLP
12.05 Systems and controls in relation to market abuse – What are the FSA’s expectations?
Martyn Hopper, Partner, Herbert Smith LLP
12.50 Lunch
14.05 CONCURRENT WORKSHOPS
Practical issues in meeting the FSA’s expectations for financial institutions
A: Equity Markets
Sian Dalrymple, Managing Director, Compliance, Legal, Risk & Capital, Deutsche Bank
Etay Katz, Partner, Allen & Overy LLP
Georgina Robbins, Director, Georgina Robbins Associates
B: Commodity Markets
Jonathan Marsh, Partner, Berwin Leighton Paisner LLP
Chris Borg, Partner, SNR Denton
Marc Cornelius, Manager, Policy and Regulation, IST Compliance, BP
15.05 Afternoon tea
15.20 The risks of private litigation arising from market misconduct
Christa Band, Partner, Linklaters LLP
Lance Croffoot-Suede, Partner, Linklaters LLP
16.05 Chairman’s summary and closing remarks
£395
$590
€480 
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