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Was former chairman of Shell Group denied procedural fairness in the FSA's enforcement action against the group?

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  • Joanna Gray

Abstract

Purpose - To discuss the FSA's enforcement action against the Royal Dutch/Shell group, which had been found to have made false or misleading announcements regarding its proved hydrocarbon reserves and reserves placement ratio's 1998‐2003. Design/methodology/approach - Presents the facts forming the background to the case. Findings - Finds that the Chairman of Shell's defence in the case contains some justifiable points, although the tribunal's decision went against him. Originality/value - Arguably, lays the foundation for further discussion of points such as these, foreshadowring a forthcoming publication on the UK financial regulation.

Suggested Citation

  • Joanna Gray, 2006. "Was former chairman of Shell Group denied procedural fairness in the FSA's enforcement action against the group?," Journal of Financial Regulation and Compliance, Emerald Group Publishing Limited, vol. 14(1), pages 123-130, January.
    • Handle: RePEc:eme:jfrcpp:13581980610644815
    DOI: 10.1108/13581980610644815
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