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LLR: Financial Crime

FINANCIAL SERVICES AUTHORITY v SINALOA GOLD PLC AND OTHERS AND BARCLAYS BANK PLC

[2013] Lloyd's Rep FC 305

SUPREME COURT

Before Lord NEUBERGER,Lady HALE,Lord MANCE,Lord CLARKE,Lord SUMPTION

Injunction – Freezing order – Cross-undertaking in damages – Injunctions obtained by public authorities – FSA injunction obtained against defendants – FSA applying to delete standard cross-undertaking in damages included in injunction in error – Whether court should require cross-undertaking in favour of third parties where FSA exercising law enforcement functions.

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