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Chief executive banned for paying wife
The chief executive of a small mutual insurer has copped two large fines and a ban from the UK's Financial Conduct Authority and Prudential Regulation Authority after he paid his wife close to $400,000 to reduce his personal tax liability.

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Read more: FCAFinancial Conduct AuthorityPRAPrudential Regulation AuthorityStuart ForsythScottish Boatowners Mutual Insurance Association
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