Tuesday 4th February 2025
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Comsure operates in:the UK, Jersey, Guernsey

FSA cancels adviser’s permissions for not paying fees

The FSA has cancelled the permissions of a West Midlands-based adviser for failing to pay nearly £2,500 in fees and levies. Robin Duncan Glaze trading as Corporate Financial Services in Stourbridge has had his permissions cancelled for failing to pay fees and levies of £2,406.47 owed to the FSA, despite repeated requests to do so. In a final notice, John Kirby, a member of the FSA’s enforcement and financial crime division said this failing was significant in the context of Mr Glaze’s suitability. He said: “This leads the FSA to conclude that you are not conducting your business soundly and prudently and in compliance with proper standards and that you are not a fit and proper person.”

http://www.ftadviser.com/FTAdviser/Regulation/Regulators/FSA/News/article/20100422/a50bea54-4e04-11df-8d0d-00144f2af8e8/FSA-cancels-advisers-permissions-for-not-paying-fees.jsp


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