Financial services compensation scheme's claim for legal privilege upheld

Joanna Gray

Journal of Financial Regulation and Compliance, 2008, vol. 16, issue 3, 281-283

Abstract: Purpose - The purpose of this paper is to report and comment onFinancial Services Compensation Scheme Ltdv.Abbey National Treasury Services plc. Design/methodology/approach - The paper outlines the facts surrounding the case and comments on the decision. Findings - The Court agreed with the FSCS's view and upheld its claim to legal advice privilege for both the questions and answers and the relevant narrative commentaries that appeared on the investor claim checklists. Originality/value - This decision represents an interesting consequence of the rationalisation and assignment to the FSCS of private investors' claims for redress in the wake of firms' default triggering regulatory compensation payments.

Keywords: Legal decisions; Financial services (search for similar items in EconPapers)
Date: 2008
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.emerald.com/insight/content/doi/10.110 ... d&utm_campaign=repec (text/html)
https://www.emerald.com/insight/content/doi/10.110 ... d&utm_campaign=repec (application/pdf)
Access to full text is restricted to subscribers

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eme:jfrcpp:v:16:y:2008:i:3:p:281-283

DOI: 10.1108/13581980810888895

Access Statistics for this article

Journal of Financial Regulation and Compliance is currently edited by Prof John Ashton

More articles in Journal of Financial Regulation and Compliance from Emerald Group Publishing Limited
Bibliographic data for series maintained by Emerald Support ().