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UK’s FSA issues warning after banning Japanese exec

Nick Lord
The regulator bans Yohichi Kumagai of Mitsui Sumitomo Insurance Company (Europe) over failings in a ruling that may deter Japanese firms from expanding into the UK.
UK’s FSA issues warning after banning Japanese exec

The Financial Services Authority has issued a warning over regulatory responsibilities after banning and fining the former executive chairman of Mitsui Sumitomo Insurance Company (Europe) in a move that could deter Japanese firms from expanding into the UK.

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