Firm loses permissions for avoiding FSA TCF visits

James Perman & Company, a firm of chartered accountants which also provided financial planning and investment advice, was given a final notice on 19 September. The FSA said the firm had "failed to co-operate" with "repeated requests" to conduct a supervisory visit in order to assess its compliance with the FSA's TCF requirements. Such a failing is "significant" in the context of JPC's suitability, the FSA said. The regulator said the failure leads it to conclude that JPC is "not conducting its business soundly and prudently and in compliance with proper standards and that it is not...