Hayes v Financial Conduct Authority

Financial services – Financial Conduct Authority. Proceedings brought by the Financial Conduct Authority seeking a prohibition order against the applicant, following his conviction for conspiracy to defraud, and for publication of the related decision notice would be stayed and limited respectively. The Upper Tribunal, Tax and Chancery Chamber, held that in the circumstances of the applicant's case, his referral of his convictions to the Criminal Cases Review Commission had justified the pragmatic approach that a stay ought to be granted. The publication of the FCA's decision notice would be allowed but would be limited to only certain information rather than the full notice itself.

Category: