The UK Financial Conduct Authority (FCA) has revoked the Part 4A license of Attanta Limited, formerly known as Neovision Wealth Management Limited.
The Authority took this action because it considers that the company is not carrying out a regulated activity to which the Company’s Part 4A license relates. The effect of the cancellation is that the company is no longer allowed to carry out any regulated activities.
Attanta was authorized by the Authority on 31 October 2004 and has a Part 4A license to carry out the following regulated activities in relation to its asset management activities:
- Providing investment advice (except pension transfers and pension exemptions).
- Advising on pension transfers and pension exemptions.
- Tips for P2P deals.
- Advising on regulated mortgage contracts.
- Agreement to carry on regulated activity;
- Organization (validation) of investment agreements.
- Settlement (validation) of regulated mortgage contracts.
- Arrangements for the purpose of trading in investments. and
- Making arrangements in view of regulated mortgage contracts.
The Authority considers that the Company does not carry out any regulated activity to which the Part 4A license relates. Therefore, the Authority decided to cancel the Part 4A license of the Company. The cancellation of the Company’s Part 4A license takes effect on February 27, 2024.