6 August 2014, Local government (Other)
The complainant has requested information regarding the Arch Cru Investment Fund including information on complaints about this. The Financial Conduct Authority (FCA) confirmed information was held but was prohibited from disclosure by virtue of section 348 of the Financial Services and Markets Act 2000. The FCA therefore considered the section 44 FOIA exemption to be engaged. The Commissioner’s decision is that the FCA has correctly applied the exemption to withhold the requested information.
FOI 44: Not upheld