As we all know Approved persons should be open and co-operative with their regulators – and this has been highlighted by the FCA’s recent enforcement action against Craig McNeil, former Keydata finance director. Whilst the FCA has occasionally taken action against individuals for breaches of Statement of Principle 4 (‘Prin 4’) of the Statements of […]
Read MoreFCA publishes Final Notice for Keydata’s former finance director, Craig McNeil, fining him £350,000 and prohibiting him from performing any significant influence function
A financial director of an Investment firm which sold investment products to retail investors has been fined £350,000 by the FCA because he did not notify the FCA of failed payments. The financial director also failed to challenge a complicated transaction, permitting the release of £500,000 of its firm’s corporate funds with no thought for […]
Read More