Mr Anthony Abraham AFA MIPA
Mr Anthony Abraham AFA MIPA
Kandy, Sri Lanka
Complaint
The allegations were that Mr Abraham breached IFA Membership, Member Firms, Affiliates and Students Regulation 4.2, in that they failed tosubmit a member return by the prescribed date of 31 December 2021 and failed to co-operate with the administration of the IFA’s compliance and monitoring functions, breaching IFA Bye-law 12.2.
Finding
The Regulatory Committee found that there was a prima facie case to answer that rendered MrAbrahamliable to disciplinary action under IFA Bye-law 11.2 (c) and 11.2 (d) for breaching IFA Membership, Member Firms, Affiliates and Students Regulation 4.2 and IFA Bye-law 12.2.
Consent Order
Reprimand, fine of £1600 and costs of £400.