The Upper Tribunal has ruled that there is no fundamental reason why FSA cannot publish its decision notice in the case of a company formerly known as SwiftTrade Inc and Peter Beck. FSA made a finding of market abuse, but the company and Mr Beck were given leave to take the decision to judicial review. They sought to prevent FSA from publishing its decision while the review was pending but the Upper Tribunal decided that, under the law and the facts of this case, it had no grounds to impose the ban. (Source: Tribunal Says FSA can Publish Notice)
Register Now As you are not an existing subscriber please register for your free daily legal newsfeed service.Register
If you have any questions about the service please contact email@example.com or call Lexology Customer Services on +44 20 7234 0606.
Tribunal says FSA can publish decision under appeal
If you are interested in submitting an article to Lexology, please contact Andrew Teague at firstname.lastname@example.org.
PHD, a division of The Fuel Logistics Group (Pty) Ltd