David John Sime and Elmswood.EU Limited v The Financial Services Authority: FS/2010/0040

Upper Tribunal Tax and Chancery decision of Judge Bartlett QC and Member Abrams and Member Douch on 10 January 2012.

Read the full decision in David John Sime and Elmswood EU Limited v The Financial Services Authority: FS/2010/0040.

APPROVAL FOR CONTROLLED FUNCTIONS - FSMA ss59, 60, 61 –Whether first applicant satisfied threshold conditions for approval – whether fit and proper AUTHORISATION FOR REGULATED ACTIVITIES – FSMA ss40, 41 – Whether second applicant satisfied resources condition for authorisation.

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