The Financial Conduct Authority has banned three individuals from working in the financial services industry for non-financial misconduct.

The prohibited individuals are Russell David Jameson, Mark Horsey and Frank Cochran, who have each been convicted of serious criminal offences while working in the financial services industry. 

Jameson, a financial adviser at an authorised firm, was convicted of serious criminal offences involving the making, possession and distribution of indecent images of children. 

Horsey, the sole director of an authorised financial advice firm, was convicted of voyeurism, while Cochran a director and shareholder of a financial advice firm with permission to advice on pensions, mortgages and investments, was convicted of sexual assault and engaging in controlling and coercive behaviour. 

Both Jameson and Cochran have been imprisoned, with Horsey receiving a suspended sentence. 

FCA executive director of enforcement and market oversight Mark Steward says: “The FCA expects high standards of character, probity and fitness and properness from those who operate in the financial services industry and will take action to ensure these standards are maintained.”