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EISL director fined by FCA for fraudulent NCD forms

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EISL director Philip Eley has been fined £7200 by the Financial Conduct Authority and banned from working in his approved capacity by the regulator.

Eley admitted in an FCA interview last July he had submitted 10 no claims discount letters to an insurer client so that EISL would fail an audit carried out by the client.

The regulator said in its

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