Edwards and Another v Financial Services Authority: FSMT 8 Nov 2007

FSMT APPROVAL – Controlled function – Investment adviser – Whether fit and proper – Individual agent made three mortgage agency applications for his principal – Agent submitted his personal bank details and not those of principal – Errors corrected once drawn to his attention – Whether despite those errors individual agent remains a fit and proper person – Yes, by majority vote of Tribunal – FSMT 2000 ss 59 and 60

Citations:

[2007] UKFSM FSM050

Links:

Bailii

Jurisdiction:

England and Wales

Financial Services

Updated: 15 July 2022; Ref: scu.268200