Financial Services Authority, 1 a case that has been relied on by many commercial data protection practitioners to deny subject access or the wider application of the Data Protection Act 1998 on the grounds that the data were not personal in that they did not relate to the individual in question even though the individual's name appeared as part of the data.
Section 1: The Financial Services Authority. Section 2: The Authority’s general duties. Section 5: The protection of consumers. Section 6: The reduction of financial crime. Section 7: Duty of Authority to follow principles of good governance. Section 8: The Authority’s general duty to consult. Section 11: Duty to consider representations by.
RELATED CASE R v Secretary of State for the Environment, ex p Nottinghamshire County Council (1986) Posted in Public Law Revision Notes. This page was last updated on 11th April 2014.
The financial services industries is facing a number of important legal developments. The most publicised of these is the coming into force on 1st March, 2000 of the new Data Protection Act 1998.
The leading case on this, Durant v Financial Services Authority (2003), gave helpful guidance on what falls within the DPA and, although the law has developed since the case, is still useful. The judgment indicates that staff records are likely to be covered, depending on the filing system used, and it would be unwise for employers to disregard any aspect of the DPA without specific legal advice.
From 1 April 2013, a new financial regulation framework will be operative in the UK. The Financial Services Authority (FSA) is being replaced by the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA), the Bank of England is to have overall responsibility for financial stability and a new Financial Policy Committee (FPC) of the Bank of England is being created.
Find link is a tool written by Edward Betts. searching for Durant v Financial Services Authority 1 found (4 total) alternate case: durant v Financial Services.
The case concerned requests made by Durant for access to information held by the Financial Services Authority (FSA), which is the single regulator for the financial services sector in the UK. The information concerned a dispute between Durant and Barclays Bank, which had resulted in litigation in which Durant had been unsuccessful.