The business is licensed by the Financial Services Authority.
The Financial Services Authority has stepped up enforcement and fines in recent months.
The Financial Services Authority would not comment on the memo or its inquiry.
This action may now lead to an investigation by the Financial Services Authority.
The Financial Services Authority has now added its own view of what went wrong, with more access to information than others.
It received authorisation from the Financial Services Authority the following year.
Please contact the Financial Services Authority for further information.
Both companies are authorised and regulated by the Financial Services Authority.
The Financial Services Authority said it was aware of the filing but had no comment.
I am afraid the Financial Services Authority is not really taken seriously in the sector, even when it has a valid point.