A latch configured to fix a panel relative to a frame, the latch comprising: a housing configured for engagement to the panel, the housing having a longitudinal axis and defining an aperture along the longitudinal axis; a cap mounted within the aperture of the housing for rotation about the longitudinal axis, the cap defining a longitudinally extending recess; a shaft extending along the longitudinal axis within the aperture of the housing, the shaft being mounted for rotation about the longitudinal axis, the shaft further being mounted for axial movement relative to the cap, the shaft having a guide portion movably received in the recess of the cap; a spring configured to bias the shaft away from the cap along the longitudinal axis; a sleeve interposed between the shaft and the housing, the sleeve defining a first slot; a cam interposed between the shaft and the housing, the cam being rotatable relative to the sleeve about the longitudinal axis, the cam defining a second slot, rotation of the cap causing a corresponding rotation of the cam; and a pin extending radially outwardly from the shaft relative to the longitudinal axis, the pin extending into the first and second slots; and a pawl coupled to the shaft, the pawl being configured to engage the frame; wherein the first and second slots are configured to guide the rotation and axial movement of the shaft as the cap is rotated within the housing such that the pawl engages or disengages the frame, wherein the cap comprises a drive stud extending along the longitudinal axis and forming a drive surface for rotating the cap, characterized in that the recess of the cap is at least partially defined within the drive stud. a housing configured for engagement to the panel, the housing having a longitudinal axis and defining an aperture along the longitudinal axis; a cap mounted within the aperture of the housing for rotation about the longitudinal axis, the cap defining a longitudinally extending recess; a shaft extending along the longitudinal axis within the aperture of the housing, the shaft being mounted for rotation about the longitudinal axis, the shaft further being mounted for axial movement relative to the cap, the shaft having a guide portion movably received in the recess of the cap; a spring configured to bias the shaft away from the cap along the longitudinal axis; a sleeve interposed between the shaft and the housing, the sleeve defining a first slot; a cam interposed between the shaft and the housing, the cam being rotatable relative to the sleeve about the longitudinal axis, the cam defining a second slot, rotation of the cap causing a corresponding rotation of the cam; and a pin extending radially outwardly from the shaft relative to the longitudinal axis, the pin extending into the first and second slots; and a pawl coupled to the shaft, the pawl being configured to engage the frame; wherein the first and second slots are configured to guide the rotation and axial movement of the shaft as the cap is rotated within the housing such that the pawl engages or disengages the frame, wherein the cap comprises a drive stud extending along the longitudinal axis and forming a drive surface for rotating the cap, characterized in that the recess of the cap is at least partially defined within the drive stud.