For the reasons set out in this Final Notice, the FCA is taking action against Mega Advice Services Ltd. via FCA Final Notice 2014: Mega Advice Services Ltd – Financial Conduct Authority.
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The Information which has not been submitted is material because it is specifically required to be provided by MASL under Regulation 125A(2) of the PSR to enable the Authority to assess whether MASL meets the ‘fit and proper’ requirements applicable to it (following amendments to the PSR on 1 October 2012).