FSA slaps five-figure fine on former BBNIB boss Harrison
The Financial Services Authority has fined Paul Harrison, former chief executive of insurance broker Berry Birch & Noble Insurance Brokers £17,500 for failing to implement proper systems and controls to ensure that customers' money held by the firm was adequately protected.
BBNIB was authorised as a general insurance broker between 14 January 2005 and 8 May 2006. During that period Mr Harrison was CEO and responsible for ensuring that BBNIB complied with the FSA's client
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