The claimants had acted on mortgage advice given by a company regulated by the FSA, as a result of which, on the collapse of the property market in Spain, they had lost their investment and their home which had been charged to assist in the purchase of it. The company giving the advice had not … Continue reading Emptage v Financial Services Compensation Scheme Ltd: CA 18 Jun 2013
Judges: Lord Neuberger MR, Arden LJ, Sir Mark Waller Citations: [2010] EWCA Civ 917, [2011] Bus LR 277, [2011] 1 CMLR 27 Links: Bailii Statutes: Financial Services and Markets Act 2000 Jurisdiction: England and Wales Citing: Appeal from – Lehman Brothers International (Europe) v CRC Credit Fund Ltd and Others ChD 15-Dec-2009 . . See … Continue reading CRC Credit Fund Ltd and Others v GLG Investments Plc (Sub-Fund: European Equity Fund) and Others: CA 2 Aug 2010
Application for approval of transfer of insurance business. Citations: [2017] EWHC 2134 (Ch) Links: Bailii Statutes: Financial Services and Markets Act 2000 Jurisdiction: England and Wales Insurance Updated: 29 March 2022; Ref: scu.593151
The court was asked whether the Financial Services Authority had a power to prosecute money laundering offences under the 2002 Act, or whether, as contended by the defendant, its powers were limited to sections under the 2000 Act. Held: The defendant’s appeal failed. The FSA had the powers it contended for, and the provisions of … Continue reading Rollins, Regina v: SC 28 Jul 2010
