19 FEB 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.