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PRA fines and negotiates with UAE-based Wyelands Bank CEO
The former CEO of Wyelands Bank, now living outside the United Kingdom, has reached a settlement with the PRA in which he was fined nearly £119,000 and agreed not to carry out regulated activities.
Online Published Date:
15 January 2024
Appeared in issue:
6576 - 30 April 2024
FCA hits 'pause' and orders review amid surge in motor cover commission complaints
The FCA is predicting a "significant increase" in historic complaints against motor insurance brokers following two Financial Ombudsman decisions in favour of the consumer.
Online Published Date:
15 January 2024
Appeared in issue:
6576 - 30 April 2024