Angela Burns v The Financial Conduct Authority (previously the Financial Services Authority) [2015] UKUT 0252 (TCC) – Upper Tribunal finds FCA sanction was not commensurate with facts found proved by FCA (then the FSA) and reduces financial penalty imposed Conflict of interests Angela Burns was an FCA regulated Approved Person holding Controlled Function 2 (“CF2”) […]

Regulator says non-executive director had a duty to disclose her interest in seeking consultancy work from the investment manager to her mutual societies’ directors. The Financial Conduct Authority has banned and fined Angela Burns, a former non-executive director, £154,800 for failing to disclose her conflicts of interest in working with two mutuals. In a decision […]