Noel Norbert Walker t/a Walkers Financial Planning v The Financial Conduct Authority: FS/2013/0011

Upper Tribunal Tax & Chancery decision of Judge Herrington on 3 February 2014.

Read the full decision in Noel Norbert Walker t/a Walkers Financial Planning v Financial Services Authority: FS/2013/0011.

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 manner 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.

Published 1 December 2016