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"Dishonest" broker banned for second time

FSA building

A broker who was barred from operating within Lloyd's more than a decade ago has now been banned from performing any regulated functions by the Financial Services Authority, after acting as the director of an Essex-based insurance broker without regulatory approval.

Derek Wright previously worked as a director in the regulated insurance market but was disciplined in 2001 by the Lloyd’s Disciplinary Tribunal for conducting business in a discreditable manner.

Accor

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