E.A.K. GROUP LTD v THE FINANCIAL CONDUCT AUTHORITY
Upper Tribunal Tax and Chancery decision of JUDGE MARK BALDWIN on 10 March 2025
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FINANCIAL SERVICES – decision by the Authority not to authorise the Applicant to carry out regulated activities on the basis that the Applicant would not satisfy and continue to satisfy the threshold conditions for authorisation as required by section 55B(3) of the Financial Services and Markets Act 2000 – whether the decision one which was reasonably open to the Authority – yes – reference dismissed