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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

Content type:
Book content
Product:
Financial Law [FBL]
Published in print:
13 November 2014
ISBN:
9780198705956

From: Oxford Legal Research Library (http://olrl.ouplaw.com). (c) Oxford University Press, 2022. All Rights Reserved.date: 26 June 2022

Subject(s):
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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