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A&O decision report: Upper Tribunal expresses "wholesale disagreement" with FCA's assessment of level of financial penalty to be imposed on non-executive director

by Allen & Overy LLP
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A decision report and comment on the decision of the Upper Tribunal (Tax and Chancery Chamber) in Angela Burns v the Financial Conduct Authority [2015] UKUT 0252 (TCC) in which the tribunal significantly reduced the financial penalty that the FCA proposed to impose on a non-executive director for failing to act with integrity.

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Resource ID 2-615-7847
© 2024 Thomson Reuters. All rights reserved.
Published on 03-Jun-2015
Resource Type Legal update: archive
Jurisdiction
  • United Kingdom
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