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SCA backs FSCA in dispute with fund over investigation record – Moonstone Information Refinery
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SCA backs FSCA in dispute with fund over investigation record – Moonstone Information Refinery
The Supreme Court of Appeal (SCA) has delivered a judgment on the limits of judicial review during regulatory investigations, ruling that the Financial Sector Conduct Authority was not obliged to hand over the record of its decision to investigate the Municipal Employees’ Pension Fund (MEPF) and apply for a search-and-seizure warrant against it. In a unanimous judgment handed down on 8 May, the SCA overturned a High Court ruling that had compell…
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