The Financial Services Lawyers Association has announced its annual essay competition and have asked for this to be circulated to students.

The title for this year’s competition is as follows:

Laundromat, police state or somewhere in between: has the correct balance been struck between anti-money laundering, anti-fraud, and anti-corruption aims on the one hand and the benefits of free enterprise and a global financial market on the other? If not, explain one legislative or regulatory change which could make a significant difference.

The purpose of the essay is to provide students with the opportunity to apply their studies to issues that are of particular relevance to the financial services industry and wider society.

Essays should be no longer than 1,500 words. The full competitions rules can be found on the FSLA website through the link below. Please submit your essay by Friday 15 July 2022 to

Prizes will be presented at a reception hosted on a date to be confirmed. The Chris Stallard Memorial Prize (first prize) is £1,500 and an internship with the FCA. The runner up prize is £750. Third prize is £500. Entrants are not required to be FSLA members, though free membership is offered to all law students.

FLSA Essay competition rules 2022