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Part VII Bringing and Defending Claims, 23 Defences

John Virgo

From: McMeel and Virgo On Financial Advice and Financial Products (3rd Edition)

Edited By: Gerard McMeel, John Virgo

From: Oxford Legal Research Library (http://olrl.ouplaw.com). (c) Oxford University Press, 2023. All Rights Reserved.date: 17 June 2024

Financial Services and Markets Act 2000 — UK Financial Conduct Authority (FCA)

This chapter first considers the available defences (both complete and partial) to claims for the mis-selling of financial products. It then discusses the provisions of the Limitation Act 1980; the concept of causation; situations in which contributory negligence may arise; circumstances in which recourse for contribution may be available against third parties where a defendant becomes exposed to a claim for mis-selling; and the defence of contractual estoppel.

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