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FCA revokes Lyonnaise de Banque’s temporary permissions

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Published on: 21 December 2022
Published by LNB News

LNB News 21/12/2022

Document Information

Issue Date: 21 December 2022

Published Date: 21 December 2022

Jurisdiction(s): England, Northern Ireland, Scotland and Wales

Article summary

The Financial Conduct Authority (FCA) has announced that Lyonnaise de Banque has had its temporary permissions revoked, meaning that the firm can no longer conduct regulated activity in the UK. The FCA says this is the first time that a firm in the Temporary Permissions Regime (TPR) has lost its permissions for missing its landing slot and failing to apply for authorisation in a timely manner.

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Jurisdiction(s):
England, Northern Ireland, Scotland and Wales

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