Jersey regulator bans financial adviser for 'lacking integrity'

Mark Battersby
clock • 3 min read

The Jersey Financial Services Commission (JFSC) has banned an independent financial adviser from the industry for "lacking integrity". In a statement on 20 May, it prohibited Gufur Hussain from working in the island's finance industry following an investigation into his conduct after he arranged loans of more than £1m from people who were his financial advice clients. The investigation, which has not revealed the name of the company he worked for in the regulator's public statement, concluded that he repeatedly failed to disclose conflicts of interest to the company he worked for as a...

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