FINAL NOTICE

To:

David Crew trading as David Crew Associates

Of:

20 Barn Rise


Brighton


East Sussex


BN1 5EE




FSA Reference

Number:

300968


ACTION

1.
For the reasons set out in this Final Notice, the Financial Services Authority (the
“FSA”) hereby takes the following action against David Crew trading as David Crew
Associates (“Mr Crew”).

2.
The FSA gave Mr Crew a Decision Notice on 17 May 2012 (the “Decision Notice”),
which notified Mr Crew 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 Mr Crew under Part IV of the Act (“Mr Crew’s Part
IV permission”).

3.
Mr Crew 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, the FSA has today cancelled Mr Crew’s Part IV permission.


David Crew trading as David Crew Associates

18 June 2012
Final Notice

Page 2

REASONS FOR ACTION

5.
On the basis of the facts and matters and conclusions described in the Warning Notice
issued to Mr Crew dated 4 April 2012, and in the Decision Notice, it appears to the
FSA that Mr Crew is failing to satisfy the threshold conditions set out in Schedule 6 to
the Act (the "Threshold Conditions").

6.
This is because Mr Crew has failed to pay fees and levies of £1,431.09 owed to the
FSA, despite repeated FSA requests to do so.

7.
This failing, which is significant in the context of Mr Crew’s suitability, leads the
FSA to conclude that Mr Crew is not conducting his business soundly and prudently
and in compliance with proper standards and that Mr Crew is not a fit and proper
person, and that Mr Crew is therefore failing to satisfy the Threshold Conditions in
relation to the regulated activities for which he has had Part IV permission.

DECISION MAKER

8.
The decision which gave rise to the obligation to give this Final Notice was made by
the Regulatory Decisions Committee.

9.
This Final Notice is given to Mr Crew in accordance with section 390(1) of the Act.

PUBLICITY

10.
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 Mr Crew or
prejudicial to the interests of consumers.

11.
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

12.
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