Despite believing that the judges’ verdict earlier this month was clear, the regulator has filed its application as a precautionary measure
The FCA has confirmed that it has a filed a “leapfrog” appeal application directly to the Supreme Court regarding its business interruption (BI) test case that was heard virtually at the end of July.
Despite the FCA believing that “clarity was provided in the initial judgment”, it has still filed the appeal application “on a precautionary basis”.
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