FCA prohibition orders

The FCA has issued a prohibition order banning Nurul Miah (also known as Neil Mia / Neil Miah) from working in financial services after the Solicitors Regulation Authority found he dishonestly caused or allowed more than £28m to be taken from client accounts without permission and that over £10m was missing and used for his own benefit. The misconduct took place between April 2019 and July 2020; the FCA concluded Mr Miah lacks the honesty and integrity required to work in financial services and has banned him to protect consumers and maintain confidence in the system. The FCA action publicises that Mr Miah cannot perform regulated functions; the FCA notice refers readers to the SRA’s own findings and press release for further detail.