FCA and SFO publish MoU on enforcement co-operation

FCA and SFO have published their MoU setting out their intentions to cooperate in relation to new investigations, intelligence developments, investigations and prosecutions.

The ‘Principles of Co-operation’ are intended to facilitate the sharing of information and to help better deliver the objectives of both organisations in areas of mutual interest.

Under the MoU, senior leaders from both the SFO and FCA’s Enforcement and Market Oversight Division will meet on a regular basis to discuss matters of key importance to both organisations. Senior leaders will also discuss the status of any on-going investigations where one organisation is assisting the other and any other relevant high-profile cases.

The organisations have also agreed to notify one another of any investigation or pre-investigation matter of mutual interest at the earliest opportunity, and to discuss whether there is a need for a joint or parallel investigation.


Laura Wiles