01 · In plain English
What happened.
The FCA found that Martin Christopher Sarl lacked honesty and integrity in his role in the General Insurance and Protection sector, breaching Statement of Principle 1 (which requires approved persons to act with integrity) and FIT 2.1 (which requires honesty and integrity for fitness and propriety). On 14 August 2024 the FCA issued a Final Notice imposing a financial penalty of £5,021 and also imposed a prohibition and withdrawal of his approval. The action was taken by the Financial Conduct Authority and no customer redress or appeals are recorded in the notice provided.
Summarised from the FCA's notice and press reports. The FCA's own text and documents below are the authoritative record.
02 · Enforcement details
What the FCA published.
On 14 August 2024, the Financial Conduct Authority fined Martin Christopher Sarl £5,021. This Final Notice refers to breaches of Statement of Principle 1 and FIT 2.1 related to a lack of honesty and integrity in the General Insurance and Protection sector. We imposed a financial penalty, a prohibition and withdrawal. Source: the FCA's published list of 2024 fines.
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