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Stuart Forsyth describes 'hellish experience' as Upper Tribunal overturns fine and ban by ruling against FCA and PRA

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Stuart Forsyth, the former CEO of Scottish Boatowners Mutual Insurance, has called on regulators to “learn from the errors they made in my case and work to restore the faith of regulated professionals” as the Upper Tribunal overturned his fine and ban.

According to Forsyth, the case had been a “hellish experience” for him and his wife.

The statement came as the Upper Tribunal ruled against the Prudential Regulation Authority and Financial Conduct

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