The UK’s monetary watchdog has been hit with a uncommon authorized motion by an environmental group that claims the Monetary Conduct Authority unlawfully signed off itemizing paperwork that allegedly didn’t adequately define oil and fuel producer Ithaca Power’s local weather change dangers.
The case marks the primary time that the environmental regulation charity ClientEarth, which has a file of profitable claims, has focused the UK regulator.
The group has additionally not too long ago filed a declare within the Excessive…