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Legal Update

The FCA’s identity crisis is over: The UK Supreme Court confers stricter interpretation of identification in Financial Conduct Authority v Macris

28 March 2017
Mayer Brown Legal Update
In the recent Supreme Court case Financial Conduct Authority v Macris, the Financial Conduct Authority successfully appealed against a Court of Appeal decision that warning and decision notices which it gave to a bank and subsequently published as a final notice had identified the respondent, for the purposes of section 393 of the Financial Services and Markets Act 2000.
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