News & Updates
Articles matching "financial services"
Knowing me, knowing you: Date of knowledge for mis-selling claims
CGL Group Limited (“CGL”), a property holding company, brought a claim against Royal Bank of Scotland (“RBS”) for the alleged mis-selling of two interest rate hedging products, which RBS argued were…
Read moreArch Cru, Key-data – where are we now..?
Harriet Quiney and Andrew Davis look at the history of the Keydata and Arch Cru investment fund collapses, including an update on the current redress schemes.
Read moreCase law round-up
Although by far the most high-profile case this year to date is the Court of Appeal’s decision in Clark v In Focus, referred to above, there have been other decisions which will be of interest to…
Read moreFOS Focus: third quarter statistics – a snapshot of complaints figures
At the start of the year FOS published their latest set of complaints data for the third quarter of the financial year 2-13/ 2014 showing how many new complaints they received, and what proportion…
Read moreThe FCA …where are we now..?
In April last year the UK welcomed the introduction of a new regulatory structure governed by new principles and said to have been enhanced by new powers with some hesitation. On turning one, we look…
Read moreWhen is a FOS decision binding?
On 14 February 2014, the Court of Appeal handed down judgment in Clark & Clark v In Focus(1). Reversing the first instance decision, the Court held that it is not possible to collect an award…
Read moreDifficulties caused by tax avoidance strategies
Jonathan Hyde considers the difficulties often caused by tax avoidance strategies and in particular the Judgment of Mr Justice Hamblen in Andrew Brown & Others v InnovatorOne Plc & Others.
Read moreFinancial Services round-up
A brief round-up of developments of interest in the financial services field, including an update on the recently published FOS complaints data and the on-going fall-out following the LIBOR scandal.
Read moreIncrease in IFA claims related to fund failures
IFA claims related to fund failures have significantly increased over the past few years in the wake of the Keydata and Arch Cru investment fund collapses. Harriet Quiney looks at the history of…
Read moreQuantification of compensation claims and mortgage mis-selling
Harriet Quiney reviews the recent Court of Appeal decision in Emptage v FSCS which concerned the quantification of compensation claims for mortgage misselling.
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