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Interim Panel Hearings

19 FEB 2019

ACORN Lettings Midland Limited - 11 February 2019

ACORN Lettings Midland Limited
Interim Measures hearing – 11 February 2019

On 11 February 2019 a Disciplinary Panel imposed restrictions on ACORN Lettings Midland Limited in that: 

a)The Firm must put into place a system of dual authority for the authorisation of payments both online and by cheque; 

b) The dual control procedures on the online banking system set out at (a) above should include any changes to Payee details; and 

c)The second client account signatory must be a person of sufficient professional standing that is approved by RICS.

The above restrictions will remain in place for a period of 12 months.