The Financial Ombudsman Service confirms that Intelligent Money Ltd failed to protect its customers
News
Financial services litigation
The primary consideration for the FOS was whether Intelligent Money acted with reasonable care, due diligence, and fairness in accepting Mr S’ application to invest with Greyfriars in P6.
Written by
Laura Robinson (née Hazell)
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The V11 Football Scandal: Negligent financial advice under fire
News
Commercial litigation and disputes
A group of former Premier League football players including Danny Murphy, Wayne Rooney and Rio Ferdinand have spoken out after losing tens of millions of pounds through financial advisers.
Written by
Laura Robinson (née Hazell)
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Update: Commercial Court – Business Interruption insurance test case
News
Retail & leisure
The Financial Conduct Authority issued legal proceedings on 10 June 2020 against a number of leading UK insurers which will lead to a test case in the Commercial Court concerning Business Interruption insurance policy wording and coverage.
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The Court gives clear guidance on the use of “Makro” type business rates mitigation schemes designed to make use of empty premises rates relief periods.
Read more on Welcome news for commercial landlords
The Modern Slavery Act 2015 (MSA) introduced a requirement for large commercial organisations to prepare and publish a statement setting out the measures the company has taken to ensure that there is no slavery or human trafficking in any part of its business.