The U.K.'s FSA fines former Northern Rock CFO David Jones £320,000 ($495,000) and bans him...

|By:, SA News Editor

The U.K.'s FSA fines former Northern Rock CFO David Jones £320,000 ($495,000) and bans him from any job related to a regulated activity. The FSA says Jones allowed false mortgage arrears figures to be published as part of the lender's 2006 annual accounts.