ENFG 1 Introduction

This guide sets out key aspects of our enforcement policy where these are not provided elsewhere. It should be read alongside the Act, other relevant legislation, DEPP, the Regulatory Processes block in the FCA Handbook and our website at www.fca.org.uk/about/how-we-regulate/enforcement/. This guide applies to all enforcement investigations regardless of firms’ or individuals' regulatory status.

On our website you can find the FCA’s high-level approach to enforcement strategy, including information on case selection and when we investigate, here: www.fca.org.uk/about/how-we-regulate/enforcement/investigation-opening-criteria.

This guide covers how we conduct a typical enforcement investigation. It also contains information about other powers available, which may not apply in every investigation.

This guide will be reviewed and amended as appropriate in light of further experience and developing law and practice.

The material in this guide does not form part of the FCA Handbook and is not guidance on rules. It is ‘general guidance’ as defined in section 139B of the Act.