Fox Hayes v The Financial Services Authority: FIN/2006/0015
Upper Tribunal Tax and Chancery decision of Judge Brice, Member Farquharson and Member O바카라 사이트™Neill on 24 September 2007.
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FINANCIAL PROMOTIONS 바카라 사이트“ approval of non-real time financial promotions for unauthorized overseas persons 바카라 사이트“ whether Applicant was able to show that it had taken reasonable steps to ensure that promotions clear, fair and not misleading 바카라 사이트“ yes 바카라 사이트“ whether Applicant had no reason to doubt that the overseas persons would deal with customers in the UK in an honest and reliable way 바카라 사이트“ yes until mid-November 2003 but no thereafter 바카라 사이트“ whether Applicant arranged for confirmation (that the promotions complied with the rules) to be carried out by an individual with appropriate expertise 바카라 사이트“ yes 바카라 사이트“ whether Applicant conducted its business with due skill, care and diligence 바카라 사이트“ yes - whether penalty of £150,000 excessive 바카라 사이트“ further submissions invited - FSMA 2000 Ss 21, 138 and 206 바카라 사이트“ Conduct of Business Rules 3.6.1; 3.8.4; 3.12.6; Principles for Businesses, Principle 2.