FSMA Securities Litigation - Broken or Coming of Age?

In the years since FSMA’s issuer liability regime was first introduced, and extended following the 2007 Davies Review, it remains remarkably underdeveloped - with the atypical Autonomy decision being the only merits decision of note. Whilst recent years have seen an uptick in high-profile claims against prominent PLCs, key questions about its operation remain.

So, as the UK competes to attract listings and maintain its competitiveness in a challenging macroeconomic climate, this panel will ask: is FSMA litigation actually delivering on its promises?

Leading figures from the disputes community and beyond representing a number of perspectives will address key topics including:

1. Are the practical and legal barriers to recovery insurmountable for claimants?

2. For issuers; to what extent does uncertainty and the growth of funder-driven litigation influence strategy?

3. What are funders seeing in terms of investment dynamics in this space and what are the implications of upcoming funding reforms?

4. More generally, do we need further modernisation and what questions lie beyond equities?

A timely and authoritative discussion for corporates, practitioners, investors and policymakers.