Piggott v Financial Services Authority: FSMT 13 Jun 2003

FSMT DISCIPLINARY POWERS – amount of penalty determined by Interim Tribunal – whether fresh evidence has come to light about ability to pay – whether determination of Interim Tribunal justified in the light of the fresh evidence – whether penalty should be reduced – public censure in the alternative – matter remitted to Authority with directions – Financial Services and Markets Act 2000 ss 66(3), 133 and 426 – 428 – Financial Services and Markets Act 2000 (Transitional Provisions) (Partly Completed Procedures) Order 2001 SI 2001 No 3592 Art 62

Judges:

Dr Nuala Brice

Citations:

[2003] UKFSM FSM004

Links:

Bailii

Statutes:

Financial Services and Markets Act 2000 66(3) 133 426 428, Financial Services and Markets Act 2000 (Transitional Provisions) (Partly Completed Procedures) Order 2001 (2001 No 3592) 62

Financial Services

Updated: 10 June 2022; Ref: scu.195453