On 18 November, 2011, the Financial Services Authority fined Dr Sandradee Joseph, a former Compliance Officer at hedge fund company Dynamic Decisions Capital Management, £14,000 for failing to exercise due skill, care and diligence in managing the business of the firm for which she was responsible in her CF10 controlled function (Principle 6 of the FSA’s Statement of Principles for Approved Persons). The FSA also banned Dr Joseph from performing any significant influence function in regulated financial services, considering that she did not meet FSA’s fit and proper test. FSA Press Release. Final Notice to Dr Sandradee Joseph.