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FSA strengthens enforcement team

The Financial Services Authority has appointed David Kirk as chief criminal counsel.

Kirk is currently the director of the Fraud Prosecution Service, a specialist unit of the Crown Prosecution Service.

As part of its strategy of credible deterrence the FSA has placed great emphasis on bringing criminal actions for cases of insider dealing and market abuse.

Kirk will join the enforcement division’s specialist lawyers who focus on criminal prosecutions. He has extensive experience of this work following a career as a partner of city law firms, at the Director of Public Prosecutions and most recently as the founding director of the FPS.

Margaret Cole, director of enforcement, says: “I am delighted that David Kirk will be joining the FSA. The FSA has made a firm commitment to bringing criminal prosecutions to support our objective of achieving clean and orderly markets through credible deterrence. David will bring a wealth of experience of criminal prosecutions and will greatly strengthen our ability to bring more criminal actions as we plan to do.”

The FSA has also appointed Keith Foggon to the enforcement division as manager of the Digital Evidence Unit. He was formerly head of the Digital Forensics Unit at the Serious Fraud Office and has developed wide-ranging expertise in an area that is important for the FSA’s enforcement case work.

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