For each named regulatory permission a status will be applied as below.
Status | Description |
---|---|
Pending Approval | A company has applied for authorization and awaits regulatory approval. |
Withdrawn | A company has voluntarily decided to withdraw its authorization or the application for authorization |
Active | Regulatory authorization has been granted and is currently active |
Inactive | Regulatory authorization had been granted for a specific period of time and expired |
Revoked | Regulatory authorization has been revoked by the decision of relevant regulatory body, due to violations or non-compliance with threshold conditions required to maintain the authorized status |
Suspended | A regulatory body has temporarily suspended the company’s authorization to operate but can be reinstated |