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Judicial review of regulatory bodies in the financial services industry
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However, the sheer growth in the volume of regulation in the financial services sector, combined with an expansion in regulatory remit (which is often incremental) means that judicial review has become even more important as a means of holding regulators to account. This article discusses some recent decisions in this area, as well considering what impact, if any, the proposed judicial review reforms are likely to have on challenges within the financial services industry.
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