Where FSA staff recommend:
the refusal, or proposed refusal, of:
Where an applicant's case has been referred to the RDC, and the RDC decide to give a warning notice to the applicant, or in the case of applications for approval under the approved persons regime, to all interested parties, the applicant can make written and oral representations to the RDC. Where the RDC decides not to grant an application, the FSA will inform the applicant or, in the case of applications for the approval of individuals under the approved persons regimes, all interested parties in writing. There is scope, in such circumstances, for the applicant to refer the FSA's decision to the Tribunal before a final decision is made about a case. The status and procedures for referring cases to the Tribunal are explained in AUTH 8.3 and DEC 5.
The FSA's internal staff procedures are intended to ensure that decisions will, so far as possible, be taken by FSA staff with a good knowledge and understanding of the application concerned, the relevant risks to the FSA's regulatory objectives and other relevant factors in the general context of the application. These internal staff procedures are also designed to ensure that decisions made are subject to appropriate individual oversight.