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ARTICLE · 05 MARCH 2012

Weekly Financial Services Regulatory Update - 24.02.12

Clyde & Co
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This weekly update from Clyde & Co’s Financial Services Regulatory Team summarises new developments as reported by the FSA, the UKLA, the Upper Tribunal, the Financial Ombudsman Service and the London Stock Exchange over the past week, with links to the full documents where these are available.

United KingdomFinance and Banking
James Cooper
James Cooper
Amanda Pursell
Amanda Pursell
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This weekly update from Clyde & Co's Financial Services Regulatory Team summarises new developments as reported by the FSA, the UKLA, the Upper Tribunal, the Financial Ombudsman Service and the London Stock Exchange over the past week, with links to the full documents where these are available.

Consultation papers:

No new developments this week.

Discussion papers:

No new developments this week.

Policy statements:

No new developments this week.

Press releases:

21 February: FSA obtains interim injunction to halt unauthorised deposit-taker. The FSA has obtained an interim injunction against Stuart Carl Mudge and Anthony John Lewis which prevents them from accepting any further investments in the Churchgate Trading Syndicate (Churchgate) and has frozen their assets. Since 2010, it appears that Mudge and Lewis, either personally or trading as Churchgate, have accepted approximately £5 million from UK investors by guaranteeing returns generated by trading

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