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Ex-JP Morgan executive wins right to challenge UK financial watchdog

“(Reuters) - A former JPMorgan Chase & Co (JPM.N) executive has won the right to challenge criticisms by Britain's financial watchdog of his actions in connection with the "London Whale" derivatives trading scandal.”

“The Financial Conduct Authority (FCA) infringed the rights of Achilles Macris by failing to give him the right of reply to its report into the affair, a London tribunal ruled on Thursday.”