Author Description

Product Description The new edition of Financial Advice and Financial Products now comes as a loose-leaf service. This comprehensive guide covers the legal and regulatory environment in which claims arising in the financial services context are brought and defended. Since 2001, legislative activity in the fieldof financial regulation has grown considerably and the rate of development in regulation and case law shows no sign of slowing.This exciting new loose-leaf text considers the applicable regime including the regulatory framework and statutory claims under the Financial Services and Markets Act 2000, together with traditional 'professional negligence' claims based on contract and tort against financial advisers, brokers,other intermediaries and product providers. There are two new chapters dedicated to the FSA's extension in regulatory powers to include the conduct of mortgage business (MCOB) and of general insurance business (ICOB) written by experts from Burges-Salmon Solicitors. In addition, the authors look at the FSA's increasing focus on financial promotion, together with the new Financial Promotion Order 2005 and updated FSA guidance. The text incorporates recent case law (such as Beary v Pall Mall Investments, Seymour v Caroline Ockwell & Co) and the impact of morerecent financial scandals, including the continuing fall-out of Equitable Life's collapse, endowment mortgage complaints and 'precipice bonds' or SCARPS. Development in the case law on limitation and causation, and the approach of the Financial Ombudsman Service (FOS) to cases within itsjurisdiction are also considered. Accompanied by two regular updates per year, this loose-leaf is an invaluable source of reference to all those in the field of financial services. First year updating is free. About the Author Gerard McMeel is a Professor of Law at the University of Bristol. He also practises in commercial and financial disputes from Guildhall Chambers in Bristol and Quadrant Chambers in London. John Virgo, MA (Oxon), Barrister (Inner Temple called 1984), Guildhall Chambers in Bristol. Specialises infinancial services product mis-selling (including advising on professional indemnity issues); acted as lead counsel for the Royal College of Nurses and GMB Trades Unions in group proceedings over personal pension plan mis-selling 1995 to 2000