FCA naming and shaming gets real

Challenge by firm to seek judicial review of FCA decision fails but case provides an insight into FCA decision-making and the approach to investigation announcements.

An as yet unnamed firm has become the latest entity to fail in seeking to judicially review a decision by the FCA (assuming no appeal) (see judgment). The decision being challenged is that the FCA should make an announcement naming the firm as being under investigation by the FCA.

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