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	United Kingdom Upper Tribunal (Tax and Chancery Chamber)
You are here: BAILII >> Databases >> United Kingdom Upper Tribunal (Tax and Chancery Chamber) >> DAVID BRIAN PRICE and TONI FOX-BRYANT v THE FINANCIAL CONDUCT AUTHORITY [2024] UKUT 357 (TCC) (13 November 2024) URL: http://www.bailii.org/uk/cases/UKUT/TCC/2024/357.html Cite as: [2024] UKUT 357 (TCC)

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DAVID BRIAN PRICE and TONI FOX-BRYANT v THE FINANCIAL CONDUCT AUTHORITY [2024] UKUT 357 (TCC) (13 November 2024)

FINANCIAL SERVICES - whether Applicants conduct reckless and in breach of Statement of Principle 1 - yes - references dismissed so far as prohibition orders under section 56 FSMA and withdrawal of approvals to perform senior management functions under section 63 FSMA concerned - consideration of impact of taxation and appropriate rate of interest to be used in calculating amount to be disgorged in financial penalties under section 66 FSMA - substantial financial penalties in order but calculations to be reviewed