FCA starts criminal proceedings for unauthorised activity

Regulatory Updates | 22/06/23

Last week, the FCA announced that they have started criminal proceedings against three individuals for carrying out regulated activity without authorisation. The FCA alleges that the three individuals were involved in sale-and-rent-back agreements on behalf of Secure Property Consultants Ltd. The full case will be heard at Southwark Crown Court after two of the individuals did not enter a plea at the initial hearing and one entering a not guilty plea.

Source: FCA