Former regulator and criminal prosecutor Sasi-Kanth Mallela on the growing need for increasing the SFO’s budget and simplifying the FCA

Today’s guest outlines why, in a time of significant cuts to public services, the UK government should consider increasing funding for the Serious Fraud Office, the UK’s top prosecution agency for white collar crime. He also lays out the case for significantly simplifying the workload of the UK markets watchdog the Financial Conduct Authority and offers tips for those looking to pursue a career at the regulator.

Sasi-Kanth Mallela is a former regulator and criminal prosecutor. His 22 year career includes stints as a case controller at the SFO and as a technical specialist in the enforcement division of the FCA. He left the FCA in June to join consulting firm Ankura, where his work includes advising financial services firms on their risk and compliance obligations.

 

***PODCAST NOTES***

This podcast was recorded before Liz Truss resigned as Prime Minister.