The FSA has fined Paul Harrison, former chief executive at Berry Birch & Noble Insurance Brokers (BB...
The FSA has fined Paul Harrison, former chief executive at Berry Birch & Noble Insurance Brokers (BBNIB), £17,500 for failing to implement proper systems and controls. Harrison was fined for failing to ensure that customer money held by the firm was adequately protected. BBNIB was authorised as a general insurance broker between 14 January, 2005 and 8 May, 2006. Harrison was chief executive during this period, and responsible for ensuring that BBNIB complied with the FSA's client money rules.
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