Key takeaways

• The risks for company directors and senior managers who fail to show the requisite “strength of character” to take on the “onerous duties” of a director of a listed company.
• The pitfalls of failing to prepare thoroughly for SFC interviews, including the risk that a person who is cleared of market misconduct may be unable to recover their costs due to their “suspicious” conduct.
• The policy considerations which underpinned the penalties imposed by the MMT.