Application of the FSA's client money rules in light of the Global Trader decision | Practical Law
In this article, Patrick Buckingham, a partner in Herbert Smith's Financial Services Regulatory Group, and Sophia Reeves, an associate in the same group, consider the implications of the decision of the High Court in Re Global Trader Europe Limited (In Liquidation) [2009] EWHC 602 (CH) regarding the application of the FSA's client money rules.