The FCA has cancelled the permissions of Buckinghamshire-based adviser company Pringles Monetary Services and products (FRN: 148402).
The FCA has cancelled the company’s Section 4A permissions that means it’s not in a position to hold out regulated industry in the United Kingdom.
Gerrards Pass-based Pringles were approved to advise on investments, pensions, insurance coverage and mortgages since 1 December 2001.
The FCA cancelled Pringles’ registration on Tuesday.
Pringles was once working as a sole dealer with one regulated person, James Benedict O’Flynn.
The regulator had first warned Pringles that it should cancel its permissions on 7 March following the company’s failure to publish annual returns or pay its periodic charges and levies.
On 10 Would possibly the FCA issued the company an extra realize pointing out that it seems that the company is wearing on no regulated job with regards to its Section 4A permission.
The FCA stated in a remark: “The Authority has made up our minds to cancel the Company’s Section 4A permission. The Authority has taken this motion as a result of, in response to the details and issues set out beneath, it considers that the Company is wearing on no regulated job to which the Company’s Section 4A permission relates.”
