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Company Law

Analysis - guidance - compliance

11 JUN 2014

ASSET LAND INVESTMENT AND OTHERS v THE FINANCIAL CONDUCT AUTHORITY

ASSET LAND INVESTMENT AND OTHERS v THE FINANCIAL CONDUCT AUTHORITY
Court of Appeal
Rimer, Gloster, Sharp LJJ
10 April 2014

GLOSTER LJ:
[1] This appeal raises the question as to whether certain sales of land, or arrangements relating to sales of land, at six sites in England were "collective investment schemes" within the meaning of section 235 of the Financial Services and Markets Act 2000 (“FSMA”).

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