ABSTRACT
This introduction presents an overview of key concepts discussed in the subsequent chapters of this book. The book focuses on the regulatory and employment law problems that arise in relation to individuals working in the UK financial services industry. It concerns conduct-related issues, including regulatory control of who may perform particular functions in financial services firms, and individual accountability for misconduct. The book explains remuneration, from both a common law and regulatory perspective. It introduces the 'The Conduct Regime' that attempts to provide a big-picture understanding of the structure of the regulatory regime that applies to individuals, and explains what the key terms in the regulatory vocabulary mean. The book deals with a number of practical issues, such as disciplinary proceedings brought by an employer against an employee, matters relating to legal privilege, and issues relating to contracts of employment and settlement agreements.
