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Former mortgage network chief fights FCA ban
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Former mortgage network chief fights FCA ban
The former chief executive of mortgage AR network Standard Financial Group, plus its subsidiaries Financial Ltd and Investments Ltd (the firms), has taken an attempted regulatory ban and fine to the Upper Tribunal. Charles Anthony Llewellen Palmer is fighting a decision by the Financial Conduct Authority (FCA) to ban and fine him £86,691. A notice about his referral was set out today (Friday December 11) by the regulator. The FCA believes that between February 24 2010 and December 20 2012, Palmer failed to ensure the firms’ appointed representatives (ARs) and individual advisers gave suitable advice to about 40,000 customers....Read more hereTags: None
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