Westcott Financial Services Ltd and others v Financial Services Ombudsman

Financial services – Financial Conduct Authority. The claimant independent financial advisers sought judicial review of the defendant Financial Ombudsman Service's decisions refusing to stay proceedings against them pending Commercial Court litigation. The Administrative Court, in dismissing the applications, held that the ombudsmen had understood the basis upon which the applications for stays had been made and there was no identifiable error in their approach to the applications. Their reasons were clearly expressed and easily understood. There had been no errors of law and the decisions had not been irrational.

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