01 August 2018
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The Upper Tribunal has upheld the FCA's decision to ban and fine TailorMade chief executive Alistair Burns but has reduced his financial penalty to £60,000.
The tribunal backed the Financial Conduct Authority's (FCA) decision to ban Burns for a "fundamental lack of competence". It also upheld the regulator's fine but reduced it to £60,000. The FCA originally...
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