The UK Financial Conduct Authority (FCA) has decided to cancel the Part 4A permission of OSIRIS Capital Partners LLP.
The effect of the cancellation is that the firm no longer has permission to carry on any regulated activities.
The firm was authorised by the Authority on 19 May 2008 and has a Part 4A permission to conduct the following regulated activities in relation to designated investment business:
- advising on investments (except on pension transfers and pension opt outs);
- advising on P2P agreements;
- agreeing to carry on a regulated activity;
- arranging (bringing about) deals in investments;
- dealing in investments as agent;
- making arrangements with a view to transactions in investments; and
- managing investments.
The Authority concluded that the firm is carrying on no regulated activity to which its Part 4A permission relates. The FCA has therefore decided to cancel the firm’s Part 4A permission. The cancellation of the Firm’s Part 4A permission took effect on August 2, 2024.
If the firm is aggrieved by the decision, it may make an application for an annulment of the Authority’s decision under paragraph 4 of Schedule 6A to the Act. The Firm must submit a completed application for an annulment of the Authority’s decision to the Authority by 1 August 2025 and in the manner specified by the Authority.
