No it is still balance of probabilities. But the evidence needs to be "more cogent"Thanks as always.
I was coming on here to ask that question as it is pretty huge.
So what you are saying is City will in a way raise the bar of the charges, as to raise the proof needed.
In other words take it away from balance of probabilities to beyond reasonable doubt (or is that just criminal).
Explained here https://www.whitecase.com/insight-alert/proving-fraud-english-courts-higher-standard