i-law

Compliance Monitor

Ex H20 exec fined £1m after telling staff to doctor minutes

The former deputy-CEO of asset manager H20 has been banned and fined one million pounds after he instructed at least three more junior employees to alter the minutes of the firm's Risk and Compliance committee and its sub-committee on Valuation.

The minutes were then sent, over a two-year period to July 2021, to the Financial Conduct Authority.

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