Financial regulator bans former law firm owner from financial services
The FCA has banned Nurul Miah, also known as Neil Mia and Neil Miah, from working in financial services. The FCA acted after the Solicitors Regulation Authority (SRA) found that Mr Miah, who was a non-legal manager at Kingly Solicitors Limited, dishonestly caused or allowed more than £28m of client money to be taken from client accounts without permission between April 2019 and July 2020.The SRA also found that...
What happened
The FCA has banned Nurul Miah, also known as Neil Mia and Neil Miah, from working in financial services. The FCA acted after the Solicitors Regulation Authority (SRA) found that Mr Miah, who was a non-legal manager at Kingly Solicitors Limited, dishonestly caused or allowed more than £28m of client money to be taken from client accounts without permission between April 2019 and July 2020.The SRA also found that...
Why it matters
The decision may change compliance obligations, market access or operating costs for FCA.
Affected entities
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1 reports · 1 original report · 1 independent
- Financial Conduct AuthorityPrimary source · Supports · EN · 100%Financial regulator bans former law firm owner from financial services ↗
Claims
- Financial regulator bans former law firm owner from financial services Observed
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No material conflict detected in the available evidence.
Timeline
- First reported
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