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Financial Services law as a sword: cutting down contracts


Chambers UK and Legal 500 ranked Outer Temple barrister, Oliver Assersohn, writes in Butterworths Journal of International Banking and Financial law.

Oliver’s article discusses a series of powerful statutory provisions that enable contracts to be struck down for non-compliance with the Financial Services and Markets Act (2000) – and only enforced in the court’s discretion by reference to what is just and equitable.

The arguments could deal a ‘knock-out blow’ in a dispute and so are essential reading for commercial litigators.

For non-contentious lawyers, the issues raised are also worth considering since they underline the importance of FSMA. Oliver touches on suggested ways to pre-empt possible challenges.

Read more here.

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