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FSA bans broking firm founder for overchanging client £89 000

 FSA building in London

The Financial Services Authority has banned Paul Cable, director of Media and Entertainment Insurance Services, from acting as an FSA approved person for at least two years for attempting to overcharge a client by £89 000.

The FSA has also cancelled Media and Entertainment Insurance Services'permission to undertake any regulated activities.

It added Media and Entertainment Insurance Services was a small insurance broker

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