Compliance Monitor
Left musing on client money breaches for three years
A father and son, managing director and finance director, respectively, of general insurance intermediary FHI (Northern) Ltd
[FHIN], mainly having commercial clients and which ceased trading on 1 May 2006, have been banned from holding significance
influence functions for three years for “a serious lack of competence and capability” relating to the firm’s client money
systems and controls.