How Section 90 and 90A FSMA differ — and why it matters to investors
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How Section 90 and 90A FSMA differ — and why it matters to investors

Darren Kenny
08/07/2025
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United Kingdom

Sections 90 and 90A (along with Schedule 10A) of the Financial Services and Markets Act 2000 (FSMA) provide different legal pathways for investors seeking compensation from listed companies. Both deal with misleading or omitted information, but the routes they offer differ in how claims are brought and proven.

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In this article, we explain the key differences, common misconceptions, and practical considerations when deciding which regime applies.

Read more: Section 90 or 90A FSMA? What a difference an "A" makes