CRAIG FRANCIS DONALDSON and DAVID THOMAS ARDEN v The Financial Conduct Authority [2025] UKUT 00185 (TCC)

Upper Tribunal Tax and Chancery decision of JUDGE ANNE REDSTON on 16 June 2025

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FINANCIAL SERVICES 鈥 Metro Bank鈥檚 trading update for Q3 2018 included incorrect statements about risk-weighted assets 鈥 whether breach of Listing Rules by the bank 鈥搘hether Applicants were 鈥渒nowingly concerned鈥 in the breach 鈥 meaning of 鈥渒nowingly concerned鈥 鈥 whether penalties charged are appropriate 鈥 penalties reduced

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Published 17 June 2025