Mr Akhtar Hussain FFA FIPA

Mr Akhtar Hussain FFA FIPA
Yorkshire, UK

Complaint

The IFA complaint was that Mr Hussain breached IFA Bye-law 12.2 and IFA Membership Regulation 5.1(c) in that he failed to submit a firm return to the Institute by the prescribed date of 31 December 2022.

Finding

The Regulatory Committee found that there was a prima facie case to answer that rendered Mr Akhtar Hussain liable to disciplinary action under IFA Bye-law 11.2 (c) and 11.2 (d) for breaching IFA Membership Regulation 5.1 (c) and IFA Bye-law 12.2.

Consent Order

Severe reprimand, fine of £2,500 and costs of £326.