FINAL NOTICE

ACTION

1.
For the reasons set out in this Final Notice, the Financial Services Authority (the
“FSA”) hereby takes the following action against Brian Leslie Lambert (“Brian
Lambert”).

2.
The FSA gave Brian Lambert a Decision Notice on 13 June 2012 (the “Decision
Notice”), which notified Brian Lambert that, for the reasons given below and pursuant
to section 45 of the Financial Services and Markets Act 2000 (the “Act”), the FSA
had decided to make an order prohibiting him from performing any function in
relation to any regulated activity carried on by any authorised person, exempt person
or exempt professional firm (the “Prohibition Order”).

3.
Brian Lambert has not referred the matter to the Upper Tribunal (Tax and Chancery
Division) within 28 days of the date on which the Decision Notice was given to him.

4.
Accordingly, for the reasons set out below, the FSA hereby makes an order pursuant
to section 56 of the Act prohibiting Brian Lambert from performing any function in
relation to any regulated activity carried on by any authorised person, exempt person
or exempt professional firm. The Prohibition Order takes effect from 17 July 2012.


REASONS FOR THE ORDER

5.
The FSA has concluded, on the basis of the facts and matters and conclusions
described in the Warning Notice issued to Brian Lambert dated 3 May 2012, and in
the Decision Notice, that Brian Lambert is not a fit and proper person to perform any
functions as his conduct demonstrates a lack of honesty and integrity. Specifically, on
5 September 2011, Brian Lambert was convicted of one count of conspiracy to
defraud, for which he was sentenced on 13 January 2012 to 27 months imprisonment.

DECISION MAKER

6.
The decision which gave rise to the obligation to give this Final Notice was made by
the Regulatory Decisions Committee.

7.
This Final Notice is given to Brian Lambert in accordance with section 390(1) of the
Act.

PUBLICITY

8.
Sections 391(4), 391(6) and 391(7) of the Act apply to the publication of information
about the matter to which this Final Notice relates. Under those provisions, the FSA
must publish such information about the matter to which this Final Notice relates as
the FSA considers appropriate. The information may be published in such manner as
the FSA considers appropriate. However, the FSA may not publish information if
such publication would, in the opinion of the FSA, be unfair to Brian Lambert or
prejudicial to the interests of consumers.

9.
The FSA intends to publish this Final Notice and such information about the matter to
which this Final Notice relates as it considers appropriate.



FSA CONTACT

10.
For more information concerning this matter generally, please contact Stephanie
Prowse at the FSA (direct line: 020 7066 9404/ fax: 020 7066 9405).





John Kirby
FSA Enforcement and Financial Crime Division