FSA has published a final notice confirming its decision to refuse the acquisition of at least 70% of the capital of a regulated firm by Ewa Karczewska. It found many failings, including that the controller failed to provide FSA with significant important information, which meant it felt she lacked honesty and integrity and did not have experience directing the business. It also found she had acquired control without giving notice and had repeatedly failed to comply with FSA’s requirements. It has published the notice following the controller’s withdrawal of an application to the Tribunal to appeal FSA’s decision. (Source: Final Notice – Ewa Karczewska)