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FCA commences High Court proceedings against Paul Steel and Jacqueline Foster

Published on: 09 February 2021

Published by LNB News

LNB News 09/02/2021

Document Information

Issue Date: 09 February 2021

Published Date: 09 February 2021

Jurisdiction(s): England, Northern Ireland, Scotland and Wales

Article summary

The Financial Conduct Authority (FCA) has announced that it has commenced civil proceedings in the High Court against Paul Steel and Jacqueline Foster. As part of those proceedings, an interim injunction has been secured which freezes the assets of Mr Steel and his partner, Ms Foster, up to the value of £7m, pending a further hearing.

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