Summary: The complainant has requested information relating to the professional indemnity insurance of Pentagon Capital Management Plc. The Financial Services Authority (FSA) stated that the information, if held, would be exempt under section 44 (1)(a) of the FOIA and explained that the duty to confirm or deny whether the information is held does not arise under section 44(2). The Commissioner-™s decision is that the FSA has correctly applied section 44(2) of the FOIA. The Commissioner does not require any steps to be taken as a result of this decision notice.
Section of Act/EIR & Finding: FOI 44 - Complaint Not upheld