Harrison fined for client money breach
The Financial Services Authority has fined Paul Harrison, former chief executive of insurance broker...
The Financial Services Authority has fined Paul Harrison, former chief executive of insurance broker Berry Birch and Noble Insurance Brokers, now owned by Smart and Cook, £17,500 for failing to protect its customers' money account.
BBNIB was authorised as a general insurance broker between 14 January 2005 and 8 May 2006. According to a FSA statement: "during that period Mr Harrison was chief executive and responsible for ensuring that BBNIB complied with the FSA's client money rules. However, he
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