Final Notice
___________________________________________________________________
FINAL NOTICE
___________________________________________________________________
To:
Kevin Jonathan Dalglish trading as Dulwich Insurance Services
Of:
45 Archery Road
Eltham
London
SE9 1HF
FSA reference
number:
313230
Dated:
6 June 2011
TAKE NOTICE: The Financial Services Authority of 25 The North Colonnade,
Canary Wharf, London E14 5HS (the “FSA”) gives Kevin Jonathan Dalglish trading
as Dulwich Insurance Services (“Mr Dalglish”), final notice about a decision to
cancel the permission granted to him to carry on regulated activities
1.
ACTION
1.1.
The FSA gave Mr Dalglish a Decision Notice on 3 May 2011 (the “Decision Notice”)
which notified him 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 him pursuant to Part IV of the Act (“Mr Dalglish’s Part IV
permission”).
1.2.
Mr Dalglish was informed of his statutory right to make a reference to the Upper
Tribunal (Tax and Chancery Chamber) (the “Upper Tribunal”), but he has not referred
the Decision Notice to the Upper Tribunal within 28 days of the date on which the
Decision Notice was given to him.
1.3.
Accordingly, the FSA has today cancelled Mr Dalglish’s Part IV permission.
Kevin Jonathan Dalglish trading as Dulwich Insurance Services
6 June 2011
Final Notice
Page 2
2.
REASONS FOR ACTION
2.1.
On the basis of the facts and matters and conclusions described in its Warning Notice
dated 23 March 2011 (the “Warning Notice”), and in the Decision Notice, the FSA
has concluded that Mr Dalglish is failing to satisfy the Threshold Conditions set out in
Schedule 6 to the Act (the “Threshold Conditions”).
2.2.
This is because Mr Dalglish has failed to pay fees and levies of £1,280.33 owed to the
FSA, despite repeated requests by the FSA that he do so.
2.3.
This failing, which is significant in the context of Mr Dalglish’s suitability, leads the
FSA to conclude that he is not conducting his business soundly and prudently and in
compliance with proper standards and that Mr Dalglish is not a fit and proper person,
and that he is therefore failing to satisfy the Threshold Conditions in relation to the
regulated activities for which he had a Part IV permission.
3.
DECISION MAKER
3.1.
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 Mr Dalglish 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 Mr Dalglish or
prejudicial to the interests of consumers.
4.3.
The FSA intends to publish 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 Pauline Cheng
(direct line: 020 7066 5228/fax: 020 7066 5229) at the FSA.
……………………………………………………..
John Kirby
FSA Enforcement and Financial Crime Division
Kevin Jonathan Dalglish trading as Dulwich Insurance Services
6 June 2011
Final Notice
Page 3