The FCA has banned Ari Harris, the sole director of Reeds Motors Ltd, after he was convicted of inflicting grievous bodily harm without intent and deliberately failed to notify the FCA. He had been convicted in 2020 and was sentenced to 3 years’ imprisonment in 2022. When the firm applied for an additional approved person in 2022, the FCA asked why one was needed, and was told that Mr Harris was abroad. In a phone call, Mr Harris did not disclose that he was in prison. The FCA has banned him from his SMF at his firm, and cancelled the firms permissions, and also banned him from working in financial services in the future.
