Get 20M+ Full-Text Papers For Less Than $1.50/day. Start a 14-Day Trial for You or Your Team.

Learn More →

Financial services compensation scheme's claim for legal privilege upheld

Financial services compensation scheme's claim for legal privilege upheld Purpose – The purpose of this paper is to report and comment on Financial Services Compensation Scheme Ltd v. Abbey National Treasury Services plc. Design/methodology/approach – The paper outlines the facts surrounding the case and comments on the decision. Findings – The Court agreed with the FSCS's view and upheld its claim to legal advice privilege for both the questions and answers and the relevant narrative commentaries that appeared on the investor claim checklists. Originality/value – This decision represents an interesting consequence of the rationalisation and assignment to the FSCS of private investors' claims for redress in the wake of firms' default triggering regulatory compensation payments. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Journal of Financial Regulation and Compliance Emerald Publishing

Financial services compensation scheme's claim for legal privilege upheld

Journal of Financial Regulation and Compliance , Volume 16 (3): 3 – Jul 25, 2008

Loading next page...
 
/lp/emerald-publishing/financial-services-compensation-scheme-s-claim-for-legal-privilege-JFzxXPkHre

References

References for this paper are not available at this time. We will be adding them shortly, thank you for your patience.

Publisher
Emerald Publishing
Copyright
Copyright © 2008 Emerald Group Publishing Limited. All rights reserved.
ISSN
1358-1988
DOI
10.1108/13581980810888895
Publisher site
See Article on Publisher Site

Abstract

Purpose – The purpose of this paper is to report and comment on Financial Services Compensation Scheme Ltd v. Abbey National Treasury Services plc. Design/methodology/approach – The paper outlines the facts surrounding the case and comments on the decision. Findings – The Court agreed with the FSCS's view and upheld its claim to legal advice privilege for both the questions and answers and the relevant narrative commentaries that appeared on the investor claim checklists. Originality/value – This decision represents an interesting consequence of the rationalisation and assignment to the FSCS of private investors' claims for redress in the wake of firms' default triggering regulatory compensation payments.

Journal

Journal of Financial Regulation and ComplianceEmerald Publishing

Published: Jul 25, 2008

Keywords: Legal decisions; Financial services

There are no references for this article.