The FSA has stripped five firms of their permissions to trade after they failed to submit Retail Mediation Activities Returns (RMARs).
Sally Whitaker (trading as Rock Pool), John Metcalfe, Gorton Insurance Bureau, Capital Solutions (S&J) and BAJ Building Services can no longer advise clients after all receiving final notices from the regulator. The notices state the firms, which advised on mortgages and insurance, failed to submit key regulatory reporting data to the FSA for the period to 31 December 2009. "You have not been open and co-operative in all your dealings with the FSA, in that you have failed to respond to the FSA's repeated requests for you to submit the RMAR," the notices state. Firms must report tar...
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