Daily Telegraph: FSA denies Watts’ complaint
“The Financial Services Authority yesterday said it was “confident” of seeing off a claim from Sir Philip Watts that his rights had been “violated” after the FSA fined Shell £17m over the reserves scandal.”
(Filed: 23/09/2004)
The Financial Services Authority yesterday said it was “confident” of seeing off a claim from Sir Philip Watts that his rights had been “violated” after the FSA fined Shell £17m over the reserves scandal.
Last week Sir Philip said he was taking the FSA to the Financial Services & Markets Tribunal. The FSA said it was confident the tribunal will rule that “Sir Philip was not prejudiced by the issue of our decision notice”.
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