Yes i willing to wait a little longer for some advise as long as the lawyer is familiar with compliance law and can offer me some guidance.
i am happy to wait another 3 days and if not please refund my paypal account. thanks
thanks for your response, however i am still not sure on a few points.
1. Considering the Digital Satellite Warranty Cover Limited case i suspect Sofa Care Ltd would need to be authorised by FCA - But my understanding of it is that Sofaland Ltd would not have to be regulated for "on selling" the extended warranty. Would you agree?
2. Taking out how "attractive" the extended warranty would be to the customer, technically could Sofa Care Ltd underwrite its self? Is it worth applying to FCA on that basis or can you envisage FCA insisting there is a insurance underwriter?
Also the application to FCA is approx £1,500 and it is non refundable. If the application is rejected because of one of the above, ie they require the warranty to be underwritten by an insurance, would i have to pay the £1,500 to reapply or could i just make the necessary changes and re-submit for free?
Thanks very much.