FCA takes Bluecrest redress scheme case back to court after tribunal rebuke

Regulator argues judges made errors in deciding to block its plans.

Senior judges in London are hearing an attempt by the FCA to revive a $700m financial redress scheme it tried to impose on Bluecrest Capital in 2021.

The scheme was blocked last year when a tribunal ruled that the regulator had demonstrated “a considerable amount of muddled thinking”. The FCA is

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