The Financial Conduct Authority (FCA) found that John Leslie and Jeffrey Bennett failed to exercise due skill, care and diligence in their controlled functions at two London-based financial advisory firms. As consequence, they are prohibited from holding accountable significant influence functions at any FCA-regulated firm. Leslie and Bennett had not identified the extent to which their firms were involved in promoting the Unregulated Collective Investment Schemes (UCIS) and did not detect the risk that the UCIS were routinely being promoted to ineligible consumers.