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England and Wales High Court (Administrative Court) Decisions |
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You are here: BAILII >> Databases >> England and Wales High Court (Administrative Court) Decisions >> Davis & Ors, R (on the application of) v Financial Services Authority [2002] EWHC 2997 (Admin) (18 December 2002) URL: http://www.bailii.org/ew/cases/EWHC/Admin/2002/2997.html Cite as: [2003] 1 WLR 1284, [2002] EWHC 2997 (Admin) |
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QUEEN'S BENCH DIVISION
ADMINISTRATIVE COURT
Strand, London, WC2A 2LL | ||
B e f o r e :
____________________
THE QUEEN on the application of VIVIAN JOHN DAVIS RAWDON QUENTIN VEVERS COLIN MARK GAMWELLS | Claimants | |
- and - | ||
THE FINANCIAL SERVICES AUTHORITY | Defendant |
____________________
Mr Javan Herberg (instructed by the Financial Services Authority, 25 The North Colonnade, Canary Wharf, London E14 5HS) for the Defendant
Hearing dates: 16th December 2002
____________________
Crown Copyright ©
Mr Justice Lightman:
INTRODUCTION
FACTS
"The FSA may exercise its power to make a prohibition order where it considers that an individual presents such a risk to consumers or confidence in the market generally that it is necessary either to prevent him from carrying out any function in relation to regulated activities or from being employed by any firm or to restrict the functions which he may carry out or the type of firm by which he may be employed."
DECISION
ABUSE OF PROCESS
CONCLUSION