Ex-Astbury Wren CEO banned and fined for misuse of funds
The director of Astbury Wren has been found to have breached a fundamental regulatory principle and has been subsequently banned from undertaking any regulated activity and fined £70 000 by the Financial Conduct Authority.
David Wren, the former chief executive of the Chester-based broker, was found to have taken £630 909 in premiums paid by his clients for his firm's use.
Astbury Wren paid premiums it collected into a
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