If your firm wishes to cease carrying on all regulated activities for which your firm holds permission, you may apply for a cancellation of Part IV permission. You may do this whilst still carrying out business so long as your firm has formal plans to cease all regulated activities in the short term (normally 6 months from the date of application for the cancellation of permission).
We will not usually grant a cancellation request until the firm can demonstrate that it has:
You must make a request for a cancellation in writing (to the Cancellation Team at the FSA) stating the reasons and circumstances for the application and the date at which your firm ceased, or intends to cease, all regulated activities. When we receive the application, we will send your firm an acknowledgement that will explain the cancellation process and detail the information required.
To contact the Corporate Authorisation Cancellation Team: