David Jones, the former Northern Rock chief financial officer (CFO) banned by the FSA for misreporting mortgage arrears, today described his punishment as "unfair and disproportionate".
Jones, also fined £320,000 for allowing false figures to appear in the lender's 2006 accounts, says the FSA disregarded a number of issues, including that he ensured pending possessions and future provisioning...
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0.15% account fees