Spot the difference? “Investment advice”under FSMA and at common law

In this article, Richard Edwards QC considers the legal test for “investment advice” adopted in the recent case of London Executive Aviation Ltd v The Royal Bank of Scotland and questions whether the judge was right to draw a distinction between the definition of “investment advice” under FSMA and “advice” for the purposes of a common law negligence claim.

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Filed Under: JIBFL

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