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Financial Services – Financial Conduct Authority (FCA). In the course of proceedings brought against the defendants by the Financial Conduct Authority, a preliminary issue arose for determination. The defendants submitted that the schemes in issue were not collective investment schemes, as they had neither of the characteristics required by s 235(3) of the Financial Services and Markets Act 2000, namely, pooling of profit or management as a whole. The Chancery Division held that all of the investment schemes under consideration were collective investment schemes within the meaning of s 235 of the Act.
Financial Services – Financial Conduct Authority (FCA). In the course of proceedings brought against the defendants by the Financial Conduct Authority, a preliminary issue arose for determination. The defendants submitted that the schemes in issue were not collective investment schemes, as they had neither of the characteristics required by s 235(3) of the Financial Services and Markets Act 2000, namely, pooling of profit or management as a whole. The Chancery Division held that all of the investment schemes under consideration were collective investment schemes within the meaning of s 235 of the Act.
The Chair of the Bar reports back
By Kem Kemal, CEO, Henry Dannell
By BSK Financial Planning
Mário Barroso, Head of R&D and Method Development at AlphaBiolabs
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Clement Cowley, Partner at The Penny Group, explains how global events can influence the performance of pensions and ISAs, and why taking a long-term approach to investing is often the most effective strategy
Kick off your career at the Bar Council’s Pupillage Fair this October – it’s one of the most valuable opportunities for aspiring barristers, says Amelia Clegg
Join us on Saturday 21 November 2026 at Leeds Beckett University and see for yourself why the North continues to be an exceptional place to build a career at the Bar
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Henry Fingerhut outlines what the Bar Standards Board AI guidance means for early career barristers
Not yet, says Jacob Turner. Regulation, unlike the technology itself, is a domain the legal profession can still control