Upper Tribunal Tax and Chancery, 2019-07-25, [2019] UKUT 0228 (TCC) (Sussex Independent Financial Advisers Limited v The Financial Conduct Authority)

JudgeJudge Raghavan
CourtUpper Tribunal (Tax and Chancery Chamber)
Published date25 July 2019
Date25 July 2019
Subject MatterFinancial Services
Appeal Number[2019] UKUT 0228 (TCC)
[2019] UKUT 0228 (TCC)
Reference number:FS/2019/016
FINANCIAL SERVICES Supervisory Notice- Application for direction to
suspend the effect of notice until reference disposed of- Notice varied
Applicant’s permission by removing regulated activities from those to which
its Part 4A FSMA permission related- Reason for notice: failure to satisfy
Threshold Conditions of appropriate resources and suitability - whether
Tribunal satisfied that the direction to suspend the effect of the notice would
not prejudice the interests of consumers no - Application dismissed - Rule
UPPER TRIBUNAL
TAX AND CHANCERY CHAMBER
Sussex Independent Financial Advisers Limited
Applicant
- and -
THE FINANCIAL CONDUCT AUTHORITY
Respondent
TRIBUNAL:
Judge Swami Raghavan
Sitting in public at the Royal Courts of Justice, London on 16 July 2019
Andrew Cousins, Counsel, instructed by DWF Law LLP for the Applicant
James Purchas, Counsel, instructed by the Financial Conduct Authority, for the
Authority
© CROWN COPYRIGHT 2019

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