References: [2014] UKUT B2 (TCC)
Links: Bailii
Coram: Herrington UTJ
UTTC FINANCIAL SERVICES – Supervisory Notice – Application for direction to suspend effect of notice until reference disposed of – Notice varied Applicant’s permission by removing all regulated activities with immediate effect – Reason for notice being failure to satisfy Threshold Conditions-Respondent not satisfied that Applicant a fit and proper person because in its opinion Applicant conducting his affairs in an inappropriate matter and acted with a lack of integrity – whether Tribunal satisfied that the direction to suspend the effect of the notice would not prejudice the interests of consumers – No – Whether necessary for notice to take effect immediately-Yes – Application dismissed – Rule5(5) The Tribunal Procedure (Upper Tribunal) Rules 2008
