Practice and Procedure

R (on the application of UBEROI & ANOR) (Claimants) v WESTMINSTER MAGISTRATES' COURT (Defendant) & (3) FINANCIAL SERVICES AUTHORITY (4) TREASURY DEPARTMENT (Interested Parties) (2008)

PUBLISHED December 2, 2008

[2008] EWHC 3191 (Admin)

By virtue of the Financial Services and Markets Act 2000 the Financial Services Authority was not required to obtain the consent of the relevant secretary of state or the Director of Public Prosecutions under the Criminal Justice Act 1993 s.61(2) in order to institute proceedings for offences of insider dealing contrary to s.52 of the 1993 Act.

DC (May LJ, Maddison J)