UK financial regulator bans jailed wealth manager for life
Adviser is ‘not a fit and proper person to perform any function in relation to regulated activity’
Ban
-
-
Advice firms and directors draw wrath of UK watchdog
They recommended pension switches and transfers to products that invested in high risk, illiquid assets
-
Isle of Man court bans three investment firm directors
Island’s regulator chastised for its disorganised, ‘kitchen sink’ approach to the case
-
UK regulator bans ‘inherently flawed product’
Move could save investors up to £17m a year and reduce risk of fraud
-
Relationship manager banned by Dubai regulator
He provided false account statements and forged a client’s signature
-
FCA bans director for not disclosing conflict of interest
Initial fine slashed to £20,000 from £154,000
-
Former AGM director banned from financial services for 8 years
Yossef Ashkenazi was found to be ‘inadequately trained’ and ‘incompetent’
-
‘Incompetent’ duo banned from acting as pension scheme trustees
More than £6m invested in high-risk ventures bearing ‘all the hallmarks of being scams’
-
High-risk pension quartet banned for 21 years
Four trustee directors behind a high-risk UK pension scheme have been banned following an Insolvency Service probe.
-
UK not banning unregulated Sipp investments
Despite admitting concerns about scams, the Financial Conduct Authority has confirmed that it is not currently considering barring unregulated or non-standard investments from inclusion in self-invested personal pensions (Sipp).
-
Adviser cracks during interrogation with regulator
A financial adviser who forged qualification documents has been banned after he cracked during a “compelled interview”.
-
UK financial services bans at post-crisis low
Just 18 people were handed prohibition orders from the Financial Conduct Authority in the year to 30 September 2017, down from its peak of 72 in 2010.