Terence Andrew Joint v The Financial Conduct Authority: [2015 UKUT 0636 (TCC)
Upper Tribunal Tax and Chancery decision of Judge Herrington, and Member Abrams and Member Fraenkel on 26 November 2015.
Read the full decision in .
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 and 7 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.
Published 1 December 2016