FINANCIAL SERVICES – independent financial adviser-whether approved person
able to demonstrate that he provided suitable advice-whether he took reasonable
steps to ensure compliance with regulatory standards-Statements of Principle 2 and
Financial Penalty-whether action precluded by limitation-s66(4), (5) FSMAappropriate
level of penalty-s66(3) FSMA
Fitness and properness of approved person-withdrawal of approvals and
prohibition order in relation to significant influence functions-s56 and 63 FSMA
Cancellation of firm’s permission-s55J FSMA.