Law firm of the year: Stephenson Harwood

A more aggressive approach to enforcement has occasionally led supervisors to over-reach themselves; Stephenson Harwood has won praise for its successful efforts in several high-profile cases


The UK's financial regulators have had an interesting 12 months. Both the Serious Fraud Office (SFO) and the Financial Conduct Authority (FCA) have had their work cut out pursuing Libor investigations. On top of this, the FCA has also been busy working on the aggressive, interventionist stance that it began promoting well before its official birth in April 2013, while the SFO has been occupied with the ongoing repercussions of its botched investigation into the Tchenguiz brothers' involvement in

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