Compliance Monitor
Couple lose battle to force FCA disclosure of disciplinary decision-making
By Neasa MacErlean
The
Financial Conduct Authority does not have to disclose internal documents about
how it reaches disciplinary decisions regarding individual firms. This
is the implication of a
decision handed down by the Upper Tribunal
after a husband-and-wife couple whose business had been fined £100,000 sought
to see the documents relating to their case.