22-02-2017 10:58 via insuranceinsider.com

Former RSA Ireland CFO admits misconduct

Rory O'Connor, the former CFO for RSA Insurance Ireland, has
admitted misconduct and agreed to fines and other sanctions
following an investigation by the Financial Reporting Council
(FRC).In the first sanctions imposed on actuaries under the FRC's
actuarial scheme, two former RSA Insurance Ireland actuaries also
face penalties.The FRC investigated financial irregularities that occurred at
the company in the year ended 31 December 2012, and before.The FRC said today that O'Connor had admitted th
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