FCA had refused an applicant’s Part 4A application for permissions to carry on the regulated activities of debt adjusting and debt counselling by giving it a decision notice. The applicant contended that the giving of this decision did not terminate the interim permission held by the applicant under the Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) (No.2) Order 2013. The Tribunal concluded that the interim permission ceased to exist when the decision notice was given refusing the Part 4A permission application. (Source: Upper Tribunal Rules Cessation of Interim Permission Following Part 4A Refusal)