
Appeal court leaves FAIS debarment ruling intact
The Full Bench finds that the information available to the FSP was sufficient to justify initiating the statutory debarment process.

The Full Bench finds that the information available to the FSP was sufficient to justify initiating the statutory debarment process.

The High Court rules on a former employee’s contention that the FSP’s notice of intention to debar was a breach of their settlement agreement.

The judgment shows that ‘reasonable apprehension’ can tip the scales in favour of enforcing trade restraints and confidentiality agreements.

Marlborough’s Ireland-domiciled UCITS multi-asset portfolios will now be included in Carrick Wealth’s range of investment options.