The UK Financial Conduct Authority (FCA) is expanding the reach of its Code of Conduct (COCON) for non-bank firms and consulting on new guidance related to non-financial misconduct, with changes taking effect from September 2026 that will align requirements more closely with those already applicable to banks.

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Tags: FCA, GT Insight
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Photo of Virginia Allen Virginia Allen

Virginia is a shareholder and head of the UK Employment Practice with almost 20 years’ experience in helping employers to strategically manage and optimise their workforces. She offers support at every stage of the employment lifecycle, advising on the full spectrum of matters

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Virginia is a shareholder and head of the UK Employment Practice with almost 20 years’ experience in helping employers to strategically manage and optimise their workforces. She offers support at every stage of the employment lifecycle, advising on the full spectrum of matters from day-to-day advisory work to complex transactions and high-stakes disputes.

Virginia is highly skilled at guiding clients through significant and often multi-jurisdictional transactions and disputes. She frequently handles contentious matters such as claims for unfair dismissal, discrimination, harassment and whistle-blowing, as well as High Court employee competition disputes. In addition, she provides practical UK employment advice across a broad range of issues, including recruitment, performance management, disciplinary and grievance processes, and exits. She regularly counsels multinational companies on global projects such as business transformations, cross-border workforce structures, and complex and sensitive employee investigations. Virginia also acts for senior executives in relation to a variety of matters, including disputes, employee competition matters, and negotiated exits.

Virginia is recognised in Chambers & Partners UK 2025, which says she “goes above and beyond to understand and meet her clients’ expectations, tailoring her services to provide personalised and effective solutions”.

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Photo of Matt Hancock Matt Hancock

Matt Hancock is a member of the Litigation Practice in Greenberg Traurig’s London Office. He is focused on contentious regulation with a particular concentration on clients’ interactions with the UK Financial Conduct Authority (FCA) and Prudential Regulatory Authority (PRA). He has considerable experience…

Matt Hancock is a member of the Litigation Practice in Greenberg Traurig’s London Office. He is focused on contentious regulation with a particular concentration on clients’ interactions with the UK Financial Conduct Authority (FCA) and Prudential Regulatory Authority (PRA). He has considerable experience defending individuals and corporates against regulatory Enforcement action and in helping regulated corporates and individuals pre-empt and manage other forms of regulatory scrutiny. He is also very experienced in the interaction between UK regulation and employment law, with a strong background in the UK Senior Managers and Certification Regime.

Matt is recognised by Legal 500 2024 in the Financial Services: Contentious section, where he is described by sources as “one of the most savvy, charismatic and strategically effective practitioners around.” Commentators also say: “For contentious regulation, enforcement and supervision matters, Matt Hancock is the go-to individual. He is exceptionally bright and commercial, with a charming and calm manner,” and other sources add that “Matt is always engaged, has excellent judgment and strikes the perfect tone with the regulator. And he is a delight to work with.”

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Photo of Christiana Papanastasiou ˘ Christiana Papanastasiou ˘
Christina Papanastasiou ˘ is a first year trainee solicitor in Greenberg Traurig’s London office. Christina will work across our practice groups on rotation whilst completing  her training.
˘  Not admitted to the practice of law. 
Read more about Christiana Papanastasiou ˘
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