Search News and Articles
Legal Developments Worldwide
- United Arab Emirates
- Austria
- Azerbaijan
- Belgium
- Bahrain
- Bosnia-Herzegovina
- Bulgaria
- Belarus
- China
- Croatia
- Cyprus
- Czech Republic
- Germany
- Denmark
- Egypt
- Spain
- Estonia
- Finland
- France
- Greece
- Guernsey
- Gibraltar
- Hong Kong
- Hungary
- Indonesia
- India
- Ireland
- Israel
- Italy
- Japan
- Jersey
- Cayman Islands
- Kazakhstan
- Lithuania
- Latvia
- Luxembourg
- Malta
- Moldova
- Mexico
- Malaysia
- Netherlands
- Norway
- Philippines
- Poland
- Portugal
- Qatar
- Romania
- Russia
- South Africa
- Sweden
- Singapore
- South Korea
- Slovakia
- Slovenia
- Saudi Arabia
- Switzerland
- Taiwan
- Thailand
- Turkey
- Ukraine
- Uzbekistan
- Vietnam
- British Virgin Islands
- Serbia
- Guernsey
- Jersey
- Mauritius
- Montenegro
- Senegal
- UK
Articles contributed by Fountain Court Chambers
No private action for market abuse or breach of the listing rules
In Hall v Cable and Wireless Plc [2009] the High Court held that the Financial Services and Markets Act (FSMA) 2000 does not give investors a private action for market abuse or breach of the listing rules.
The November 2009 Banking and Payment Services regime
The rules relating to the conduct of business by banks and similar institutions are set to change from 1 November 2009. From that date:
- The Payment Services Regulations 2009, covering the conduct of business of electronic transfers, will come into force and will be supervised by the Financial Services Authority (FSA).
Madoff investor claims: US proceedings and possible UK approaches
The credit crunch of 2008 and the recession of 2009 have already thrown up some politically significant, legally interesting and hard-fought court proceedings.