The applicant requested a hearing before the Financial Services Tribunal regarding a Notice of Proposal to revoke his life insurance and accident and sickness insurance agent licence.
During pre-hearing conferences, the applicant's licence expired and he confirmed he did not intend to renew it or proceed with a hearing on the merits.
The Tribunal dismissed the proceeding pursuant to subsection 407.1(8) of the Insurance Act and directed the respondent to issue a final order carrying out the Notice of Proposal.
