FCA cancels DFM's permissions after missed £2,000 fine

Firm received eight invoices

Tom Ellis
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FCA cancels DFM's permissions after missed £2,000 fine

The Financial Conduct Authority has cancelled the advice permissions of a discretionary fund manager (DFM) after it failed to pay fines totalling £2,000 for missing its regulatory returns.

Analyst Investment Management (AIMP) was fined a total of £2,000 over the course of ten months but did not pay up or respond to any of the FCA's attempts to make contact. The London-based firm was sent...

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