The UK Financial Conduct Authority (FCA) has cancelled the Part 4A permission of McLean’s trading as McLean Financial Services.
The Authority has taken this action because it considers that the firm is carrying on no regulated activity to which the Firm’s Part 4A permission relates.
The firm was authorised by the Authority on 1 December 2001 and has a Part 4A permission to conduct the following regulated activities in relation to consumer credit, home finance, insurance distribution and investment business:
- Acting as a CBTL advisor
- Acting as a CBTL arranger
- Advising on investments (ex Pension Transfers/Opt Outs);
- Advising on P2P agreements;
- Advising on regulated mortgage contracts
- Agreeing to carry on a regulated activity;
- Arranging deals in investments;
- Arranging regulated mortgage contracts;
- Credit Broking;
- Dealing in investments as agent;
- Making arrangements with a view to regulated mortgage contracts; and
- Making arrangements with a view to transactions in investments.
The cancellation is effective December 13, 2024. The firm no longer has permission to carry on any regulated activities.
