FINAL NOTICE

To:

Commercial Insurance Services (M/CR) Limited

Of:

22 Lansdowne Road


Manchester


Lancashire
M8 5SH



FSA Reference

Number:

305239


1.
ACTION

1.1
The Financial Services Authority of 25 The North Colonnade, Canary Wharf, London
E14 5HS (the “FSA”) gave Commercial Insurance Services (M/CR) Limited a
Decision Notice on 13 September 2011 (the “Decision Notice”) which notified it 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 cancel the permission granted
to it under Part IV of the Act (“Commercial Insurance Services (M/CR) Limited’s
Part IV permission”).

1.2
Commercial Insurance Services (M/CR) Limited has not referred the matter to the
Financial Services and Markets Tribunal within 28 days of the date on which the
Decision Notice was given to it. Accordingly, the FSA has today cancelled
Commercial Insurance Services (M/CR) Limited’s Part IV permission.

Commercial Insurance Services (M/CR) Limited

18 October 2011
Final Notice
Page 2

2.
REASONS FOR ACTION

2.1
By a First Supervisory Notice dated 27 July 2011, Commercial Insurance Services
(M/CR) Limited’s Part IV permission was varied by removing all regulated activities
with immediate effect. A copy of the First Supervisory Notice, by which the FSA
removed all regulated activities from Commercial Insurance Services (M/CR) Limited
permission, is displayed on the FSA’s website.

2.2
On the basis of the facts and matters and conclusions described in the Warning Notice
dated 27 July 2011, and in the Decision Notice, it appears to the FSA that it is no
longer necessary to keep Commercial Insurance Services (M/CR) Limited permission
in force and that the FSA must cancel it, following the variation action removing all
regulated activities.

3.
DECISION MAKER


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

4.
IMPORTANT

4.1
This Final Notice is given to Commercial Insurance Services (M/CR) Limited in
accordance with section 390(1) of the Act.


Publicity

4.2
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 Commercial Insurance
Services (M/CR) Limited or prejudicial to the interests of consumers.

4.3
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

4.4
For more information concerning this matter generally, please contact Kathryn Willis
at the FSA (direct line: 020 7066 2098 / fax: 020 7066 2099).





John Kirby
FSA Enforcement and Financial Crime Division