FINANCIAL SERVICES–general insurance broker -whether director failed
to exercise due skill care and diligence in managing the business-whether he
took reasonable steps to ensure compliance with relevant standards
regarding the operation of client money accounts-Statements of Principle 6
Fitness and properness of approved person-prohibition order in relation to
significant influence functions-s 56 FSMA
Financial penalty-appropriate level of penalty-s 66(3)FSMA.