FCA fines and bans two insurance brokers
Terence Joint and Vroni Mavis O’Brien cited for failings on client money.
The Financial Conduct Authority (FCA) has banned former insurance brokers Terence Joint and Vroni O'Brien, who were directors of Joint Aviation Services Limited (Joint Aviation), from performing any significant influence functions.
The case first hit the news in December last year.
The watchdog has now also confirmed that it has fined Joint and O'Brien £10,000 and £20,000 respectively, for failings in relation to the handling and misapplication of client money.
Failure
The regulator detailed that
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