James Staley has referred the FCA decision to fine him £1.8m ($2.2m) and ban him from holding a senior position in financial services to the Upper Tribunal. This is a good thing, not because it might result in a lesser penalty (a bad thing), but because it will establish case
View from the chair: Staley case may clarify FCA Conduct Rules
In his regular column, Bovill’s Executive Chair Ben Blackett-Ord discusses how the Upper Tribunal will establish case law on ICR and SMCR.