Mohammed Karim t/a MK Insurance Services v Financial Services Authority: FS/2010/0012
Upper Tribunal Tax & Chancery decision of Judge Oliver and Member Chapman and Member Douch on 13 May 2011.
Read the full decision in
.FINANCIAL SERVICES – Part IV Permission – Refusal by Authority – Application for permission to conduct insurance broking activity – Lack of understanding of requirements of regulatory system – Lack of experience – Threshold Conditions 4 and 5 – Reference dismissed – FSMA 2000 s40.