A London-based mortgage broker has had his approval withdrawn for failing to co-operate with the FSA.
Olayinka Oladipupo and his firm, Trinity Network Services, have had their permission to conduct regulated business cancelled.
In late 2008, while the FSA was conducting an investigation into Oladipupo, he failed to turn up to a compulsory interview, and did not provide the regulator with documents it had requested.
Oladipupo also ignored calls from the FSA and failed to return messages.
Because he failed to deal with the regulator in an open and co-operative way, the FSA decided he was not a fit and proper person to carry out regulated business.
Tom Spender, head of retail enforcement at the FSA, says: "Approved persons and authorised firms must deal with the FSA in an open and co-operative way.
"Failure to comply with a request for information or to attend an FSA interview is unacceptable, especially when we are seeking to look into issues of potential concern."
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