Source: All England Reporter
Publisher Citation: [2018] All ER (D) 14 (Jan)
Neutral Citation: [2017] EWCA Civ 2140
Court: Court of Appeal, Civil Division

Kitchin, David Richards and Henderson LJJ

Representation The appellant appeared in person.
  Nicholas Vineall QC (instructed by the Legal Group of the Enforcement and Market Oversight Division of the FCA) for the FCA.
Judgment Dates: 21 December 2017


Financial services - Financial Services Authority (FSA) - Regulation of financial services

The Case

Financial services Financial Services Authority (FSA). The appellant, a non-executive director, had breached the duties which she had owed as a director to two UK mutual societies and the procedure adopted by the Upper Tribunal in coming to that conclusion had been fair. Nevertheless, the Court of Appeal Civil Division further held that the appellant was entitled to a substantial sum for her costs on the basis that the respondent, Financial Conduct Authority, had acted unreasonably in introducing an allegation of corrupt payment.

Practice Areas

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