UT/2023/37 - [2024] UKUT 00229 (TCC)

Case Number: UT/2023/37

By hybrid hearing with the Tribunal and the Respondents in person at the Rolls Building, London, and Applicant attending by video link from HMCTS premises in Manchester

FINANCIAL SERVICES –registration of non-genuine trading names as trading names of the Applicant on the Financial Services Register – issue of supervisory notice requiring removal of non-genuine trading names – whether actions of Authority were reasonable and proportionate – yes – reference dismissed - s55L(3)(a) Financial Services and Markets Act 2000

Heard on: 30 and 31January 2024

Judgment date: 05 August 2024

Before

JUDGE NICHOLAS ALEKSANDER
MARTIN FRAENKEL

JEAN PRICE

Between

PROMETHEAN FINANCE LIMITED

Applicant

and

THE FINANCIAL CONDUCT AUTHORITY

The Authority

Representation:

For the Applicant: Eliot Maddison, director of the Applicant

For the Authority: Mark Fell KC, Counsel, instructed by the Financial Conduct Authority

DECISION