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Wikipedia:Reference desk/Archives/Humanities/2018 January 28

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January 28

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Company with obsolete & current FCA entry - reason for switch

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The British Financial Conduct Authority lists a specific company with a "No longer authorised" entry and a current "Authorised""Authorised entry with different reference numbers. Apparently there was a switch from the former status to the current one on 1 July 2011. But what might be the reason for this switch? A change of address? Or what else? --KnightMove (talk) 18:59, 28 January 2018 (UTC)[reply]

You appear to have accidentally given the same link twice. The second link, to the authorised company, should be this. DuncanHill (talk) 13:47, 29 January 2018 (UTC)[reply]
Of course, thank you & sorry. --KnightMove (talk) 02:47, 30 January 2018 (UTC)[reply]
A check on the Companies House website does show a change of address - but otherwise it appears to be the same company continuing. The FCA listings do show different categories - with the earlier one categorised as Firm, while the current one is E-money. This probably indicates that the company changed the type or range of financial services provided, so had to change their FCA registration to reflect this. Wymspen (talk) 16:36, 29 January 2018 (UTC)[reply]
A firm it is in either case, and it did issue electronic money in rather the same way before. But since posing the question I've realised that the UK has introduced a new law in the year the switch occurred, the Electronic Money Regulations 2011. Certainly the company needed additional permissions to comply with the new law. However I still don't exactly understand why this required a change in the entry. --KnightMove (talk) 02:47, 30 January 2018 (UTC)[reply]

Politically, in what issues could they conflict? They both seem to be politically conservative Germans (well, except Kurz who is only kinda German), but why aren't they real allies? --Hofhof (talk) 21:44, 28 January 2018 (UTC)[reply]

Um, they're separate countries; unless you're talking EU policy, why would they be engaged either in conflict or alliance? Nyttend (talk) 22:55, 28 January 2018 (UTC)[reply]
I know who they are. And yes, this is obviously EU policy.--Hofhof (talk) 13:12, 29 January 2018 (UTC)[reply]