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Reliance: a comparison between the common law and s 90A FSMA

13 June 2024 / Author(s): Peter de Verneuil Smith KC , William Day
Issue: June 2021 / Categories: Feature

This article compares the reliance requirement for the common law claim of misrepresentation with the statutory action of s 90A of the Financial Services and Markets Act 2000 (FSMA). The authors focus on recent authority regarding reliance upon implied statements at common law and the uncertainties that remain under s 90A FSMA.

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