The FCA’s largest fine of 2022 – a lesson in regulatory change management

The FCA fined Citigroup Global Markets Limited (“CGML”) £12.6m for failing to properly implement the Market Abuse Regulation (“MAR”). Regulatory change is coming thick and fast for financial services firms, making effective change management controls more important than ever.  Below we look at some of the underlying failures in this case, in the hope that […]