Financial Conduct Authority – Decision Notice. On the evidence, there was no reason to cast any doubt on the reasonableness of the Financial Conduct Authority's (the FCA) decision to refuse the applicant company's application for to carry on the consumer credit regulated activities of debt adjusting and debt counselling. Bearing in mind, among other things, the applicant's approach during the course of the application and thereafter, the FCA had been fully justified in concluding that it had been unable to ensure that the applicant had satisfied the Threshold Conditions set out in Sch 6 to the Financial Services and Markets Act 2000. Consequently, the Upper Tribunal (Tax and Chancery Chamber) dismissed the applicant's reference.