AFC Ltd v Financial Conduct Authority: UTTC 5 Feb 2016

Financial Services and Markets Act 2000 – application under s55A for permission to carry on regulated activities – whether applicant fit and proper.
Held: L is a person of honesty and integrity. He has been subjected to an unjustified accusation. He has acted and may be expected to act with probity. We remit the application to the Authority and direct that the Authority reconsider and reach a decision in accordance with our findings.

Citations:

[2016] UKUT 49 (TCC)

Links:

Bailii

Statutes:

Financial Services and Markets Act 2000

Jurisdiction:

England and Wales

Financial Services

Updated: 27 June 2022; Ref: scu.562418