FCA faces legal action over approval of prospectus from Cambo field operator

Cecilia Keating
clock • 3 min read
Credit: iStock
Image:

Credit: iStock

ClientEarth agues regulator failed in its 'fundamental function' to protect investors when it 'waved through' prospectus that did not meet legal climate risk reporting requirements

The UK's financial regulator has been hit with a legal challenge over its decision to approve the prospectus documents of an oil and gas company that allegedly failed to meet a legal requirement on climate-related...

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