The Financial Conduct Authority (FCA) has refused to reverse its ban of a former compliance officer, despite the Upper Tribunal suggesting the move was "irrational and disproportionate".
The regulator decided to ban Tariq Carrimjee, former compliance oversight officer at Somerset Asset Management, and fine him £89,000 after it ruled he had assisted an investor in a fraudulent trade in...
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Left Dentons after 30 years
To 'future-proof advice firms'