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Tribunal backs FCA in denying Ashraf Wealth Management

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Published on: 03 September 2024
Published by a Law360 reporter

Article summary

Law360, London: On 2 September 2024 a London tribunal upheld the Financial Conduct Authority's (FCA) decision to deny authorisation to Ashraf Wealth Management Ltd, finding that the company's founder was not a 'fit and proper person' for carrying out regulated activities.

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Jurisdiction(s):
United Kingdom

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