||All England Reporter
|| All ER (D) 219 (May)
|| UKUT 0233 (TCC)
||Upper Tribunal (Tax and Chancery Chamber)
Mr Justice Warren, P, Judge Bishopp and Mr Nicholas Douch
||Laurence Rabinowitz QC and Emma Jones for the applicant.
||Richard Boulton QC and Benjamin Strong for the FCA.
||27 May 2014
Financial services - Financial Conduct Authority (FCA) - Regulation of financial services - Market abuse - Applicant executive director sending two emails regarding client company to third parties - FCA imposing substantial fine on applicant on basis that applicant's actions constituting market abuse - Applicant challenging FCA's decision - Determination of appropriate standard of proof in market abuse cases - Whether market abuse established - .
Financial services Financial Conduct Authority (FCA). The Upper Tribunal (Tax and Chancery Chamber) (the tribunal) dismissed the challenge made by the applicant to a decision by the respondent Financial Conduct Authority which had decided that the applicant's actions in sending two emails concerning one of the applicant's clients had constituted behaviour falling within of the Financial Services and Markets Act 2000, with the result that he had engaged in market abuse. Consequently, he could not rely on the defence provided in s 123 of the Act.
- An Official transcript is the final version of the judgment prepared by shorthand writers. LexisLibrary contains all judgments from the High Court and aboveView Judgment
- Commentary discussing this particular case from LexisLibrary's comprehensive range of titles including Butterworths, Halsbury's and TolleyView related commentary
- The All England Law Reports comprises judgments with headnotes and catchwords indicating the area of law and key issues of the case prepared by legally qualified editorsFind AllER Reports
- Cases related to this particular case that are related to, or discuss this caseView related cases