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Regulation

Six GI intermediaries banned by FSA

The Financial Services Authority has barred nine small firms including six insurance intermediaries from carrying out regulated business after they failed to provide any data to enable the regulator to monitor their activities.

Second claimant not owed duty

Mirant Asia Pacific Construction (Hong-Kong) and another v Ove Arup and Partners International and another - (Court of Appeal - 21 December 2005)

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