FOS issues landmark ruling against N&P over Keydata - New Model Adviser® Edition - Citywire
How does this fit in with the court case against the FSCS?
And, if the FSCS struggled with proving that Keydata was liable for the losses created by a third party how then can the FOS find an IFA (N&P for example) liable for that same loss?
There are many aspects of all this that Gareth and his firm Regulatory Legal do not appear to be covering, Anthony Speaight QC has been instructed to represent the IFAs in the High Court and he said to me "I would naturally be delighted if there is a fresh opportunity for us to be involved together again".
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