Mrs Ibtisaam S Ali AFA MIPA 
London, UK 

Complaint 

The complaint was that Mrs Ali breached IFA Bye-law 12.2 and IFA Membership, Member Firms, Affiliates and Students Regulation 4.2, in that they failed to submit a member return by the prescribed date of 31 December 2021 and breached IFA Disciplinary Regulation 20.10, in that they failed to provide their full and prompt co-operation to the case manager in connection with an investigation involving the member.

Finding 

The Regulatory Committee found that there was a prima facie case to answer that rendered Mrs Ali liable to disciplinary action under IFABye-law 11 for breachingIFA Bye-law 12.2, IFA Membership, Member Firms, Affiliates and Students Regulation 4.2 and IFA Disciplinary Regulation 20.10. 

Consent Order 

Reprimand, fine £1,500 and costs of £416.