Putting teeth in the paper tiger
In a recent decision, the newly-created Financial Services and Markets Tribunal made for the first time significant findings against the Financial Services Authority. Sidney Myers and Arnondo Chakrabarti report on the implications of the case
The Financial Services and Markets Tribunal is an independent tribunal set up under the Financial Services and Markets Act 2000, to rule on various matters arising under the Act, usually after the Financial Services Authority (FSA) has already made a decision on that issue. However, the tribunal hears matters afresh, not by way of appeal.
This premium content is reserved for
Legal Week Subscribers.
Subscribe today and get 10% off.
A PREMIUM SUBSCRIPTION PROVIDES:
- Trusted insight, news and analysis from the UK and across the globe
- Connections to senior business lawyers within the leading law firms and legal departments
- Unique access to ALM's unrivalled, market-leading reporting in the US and Asia and cutting-edge research, including Legal Week's UK Top 50 and Global 100 rankings
- The Legal Week Daily News Alert, Editor's Highlights, and Breaking News digital newsletters and more, plus a choice of over 70 ALM newsletters
- Optimized access on all of your devices: desktop, tablet and mobile
- Complete access to the site's full archive of more than 56,000 articles
Already have an account? Sign In Now
For enterprise-wide or corporate enquiries, please contact Paul Reeves on Preeves@alm.com or call on +44 (0) 203 875 0651