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Release Date: 17th December 2015

To access the original FCA document, click here.


The FCA fined Vroni Mavis O’Brien £20,000 and prohibited her from performing any significant influence functions in regulated activities due to her mishandling of client money while serving as a Director and Chief Executive at Joint Aviation. O’Brien was found to have breached Principles 2 and 7 by creating and using inaccurate client money calculations, improperly transferring money to Joint Aviation’s business account, and failing to understand the responsibilities of her role. These actions resulted in a significant risk to consumers and a shortfall in client money, though no consumers ultimately suffered a loss due to a subsequent sale of Joint Aviation’s assets.

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