FCA bans chartered surveyors
The FCA has announced that it has stripped chartered surveyor firm Castle Wildish of its permissions due to conduct failures.
.jpg?v=6477cd7fed9efb29ae5f35071f69de98 "FCA bans chartered surveyors")
Deprecated: trim(): Passing null to parameter #1 ($string) of type string is deprecated in C:\inetpub\wwwroot\2025.financialreporter.co.uk\htdocs\templates\front-end\partials\article_blockquote.php on line 2
The regulator said that it was not satisfied that Castle Wildish managed its business in such a way as to ensure that its affairs are conducted in a 'sound and prudent manner' and that it was not led by a 'fit and proper person'.
The FCA took action after the firm failed to comply with the regulatory requirement to submit its Retail Mediation Activities Return for the period ended 31 March 2014, which was due to be submitted by 15 May 2014.
It had also 'not been open and co-operative' in all its dealings with the FCA, in that it failed to respond adequately to the authority's repeated requests for it to submit the RMAR.
The FCA said:
"[It] has thereby failed to comply with Principle 11 of the Authority's Principles for Businesses and to satisfy the Authority that it is ready, willing and organised to comply with the requirements and standards under the regulatory system."
Breaking news
Direct to your inbox:
More
stories
you'll love:
This week's biggest stories:
Blogs
Mark Eaton: Is 2026 the year brokers die out?
First-time Buyer
Improved affordability sparks 20% rise in first-time buyers: NationwideÂ
Inflation
Further rate cuts dampened as inflation rebounds to 3.4%
Vida
Vida launches high LTV 'Pathway' mortgage range
FCA
Tribunal upholds £2m FCA fine for 'corrupt and dishonest adviser'
Melton Building Society
Melton BS launches 100% LTV mortgageÂ
