FCA charges banned broker over alleged unauthorised mortgage advice

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The Financial Conduct Authority (FCA) has charged Shaun Lawrence with operating as a mortgage broker without authorisation.

Lawrence, who also goes by the names Shaun Lawrence-Bright and Shaun Bright, was previously authorised to give mortgage advice.

However, the FCA said his permissions were revoked in 2008, when he was also fined and banned from working in financial services.

The regulator alleges that Lawrence breached the Financial Services and Markets Act by continuing to provide mortgage broking services despite already being banned.

Lawrence is due to appear before Hull Magistrates’ Court on 2 July 2026.

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