SARANAC PARTNERS LIMITED v THE FINANCIAL CONDUCT AUTHORITY [2024] UKUT 00254 (TCC)
Upper Tribunal Tax & Chancery decision of Deputy Upper Tribunal Judge Anne Redston and Tribunal member Ms Susan Dale and Peter Freeman on 27 August 2024
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FINANCIAL SERVICES 鈥� Decision Notice issued on basis that the Authority not satisfied an individual was 鈥渇it and proper鈥� to perform Chief Executive and Executive Director functions 鈥� Decision Notice referred to Tribunal 鈥� possible overlap with references made by Barclays 鈥撯�� Decision Notice based in part on findings of other court and Tribunal hearings 鈥� whether admissible 鈥� whether Tribunal should place weight on them 鈥� no witnesses called by the Authority 鈥� whether individual dishonest and/or lacked candour when responding to questions asked by the Authority during interviews in 2013 and 2014 鈥� held, yes 鈥� whether Tribunal should also make other findings based on evidence put forward by Applicant 鈥� yes 鈥� if remitted to consider new facts, the outcome would inevitably be the same 鈥� Reference dismissed