The UK Financial Conduct Authority (FCA) has cancelled the Part 4A permission of KBFS Financial Limited.
The firm was authorised by the FCA on 1 July 2019 and had a Part 4A permission to conduct the following regulated activities in relation to designated investment business:
- advising on investments (except on pension transfers and pension opt outs);
- advising on P2P agreements;
- advising pension transfers and pension opt outs;
- agreeing to carry on a regulated activity;
- arranging (bringing about) deals in investments; and
- making arrangements with a view to transactions in investments.
The Authority…
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