FCA cancels Ilford-based AAA Insurance's permissions
Regulator says broker has failed to be open and co-operative.
The Financial Conduct Authority (FCA) has cancelled AAA Insurance's permissions to carry on regulatory services.
The regulator stated that the broker has failed to comply with the regulatory requirement to submit its Retail Mediation Activities Return (RMAR) for the period ended 31 January 2015.
The RMAR was due to be submitted by 13 March 2015.
According to the FCA, the Ilford-based broker was issued a warning notice on 28 July and a decision notice on 17 August and failed to refer to the
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