The applicant applied for a mortgage agent's licence.
The Superintendent of Financial Services issued a Notice of Proposal to refuse the application based on the applicant's prior criminal conviction for identity theft while employed at a bank.
The applicant requested a hearing before the Financial Services Tribunal.
Applying the Henderson criteria, the Tribunal found that the applicant had demonstrated a consistent and prolonged pattern of reformed behaviour since the misconduct occurred over six years prior.
The Tribunal ordered the Superintendent to issue the licence subject to strict supervisory conditions.
