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Identifying an individual under FSMA 2000 (Financial Conduct Authority v Macris)

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Published on: 28 March 2017

Published by a LexisNexis Banking & Finance expert

Table of contents

Original news
Why is the case important?
What is the background to the case?
What issues arose for the Supreme Court’s consideration?
What did the court decide and why?
How helpful is the judgment in clarifying the law in this area? Are there any remaining grey areas?
How does the case fit in with other developments in this area of the law?

Article summary

Financial Services analysis: Tony Katz, head of financial services and investigations at DLA Piper, and Paula Johnson, senior professional support lawyer at the firm, consider the Supreme Court’s judgment in Financial Conduct Authority v Macris and argue that the case offers clarity on the parameters within which individuals are able to rely on the provisions under section 393 of the Financial Services and Markets Act 2000 (FSMA 2000), which are designed to protect against unfair prejudice.

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