Nurul Miah

Introduction

Nurul Miah, also known as Neil Mia and Neil Miah, is a former law firm owner who has been banned from working in financial services in the United Kingdom. The Financial Conduct Authority (FCA) announced the ban on 15 September 2026, acting after the Solicitors Regulation Authority (SRA) found that Miah, who was a non-legal manager at Kingly Solicitors Limited, dishonestly caused or allowed more than £28m of client money to be taken from client accounts without permission between April 2019 and July 2020, and that more than £10m of that money was missing and had been used for his own benefit.

Background Information

Public information about Miah centres on his regulatory record rather than his personal life. He worked at Kingly Solicitors Limited, a law firm, where he was a non-legal manager; the FCA’s announcement describes him as a former law firm owner. Earlier in his career, in 2016, the FCA had approved him to work in senior management roles at Oracle Consultants Ltd, an unconnected firm. No further biographical details — age, nationality, or family background — are given in the FCA’s announcement.

The Controversy or Incident That Led to Their Cancellation

Adjudicated vs. alleged. The FCA’s ban rests on regulatory, not criminal, findings. The underlying adjudication came from the Solicitors Regulation Authority on 11 September 2024, which found that Miah dishonestly caused or allowed more than £28m of client money to be withdrawn from client accounts without authorisation, leaving a shortfall of more than £10m that he used for his own benefit. The FCA prohibition is a regulatory sanction; no criminal charges are recorded in the release.

The chain of events began at Kingly Solicitors Limited, where Miah served as a non-legal manager with access to the firm’s client accounts. Between April 2019 and July 2020, the SRA later found, he dishonestly caused or allowed more than £28m of client money to be taken from client accounts without permission. Of that sum, more than £10m of client money went missing and was used by Miah for his own benefit, according to the SRA’s findings.

The FCA, which had approved Miah in 2016 for senior management roles at the unconnected firm Oracle Consultants Ltd, concluded that his actions showed he lacked the honesty and integrity needed to work in financial services. Announcing the ban on 15 September 2026, Therese Chambers, the FCA’s executive director of enforcement and market oversight, said: “Mr Miah dishonestly used client money for his own benefit. He has no place in financial services.” She added: “We have banned him to protect consumers and help maintain confidence in the financial system.”

The decision is set out in a Final Notice published by the FCA, which stated that it is publicising the decision so consumers and firms know that Nurul Miah, also known as Neil Mia and Neil Miah, cannot work in financial services. The release also points readers to the SRA’s own press release on the underlying findings.

Public Reaction and Consequences

The FCA’s announcement records no consumer or industry reaction, and no criminal proceedings — the documented consequences are regulatory. The immediate effect is a prohibition on Miah working in financial services in the UK, a ban the regulator says exists “to protect consumers and help maintain confidence in the financial system.” The FCA is actively publicising the decision so that consumers and firms know he cannot work in the sector, and it has publicised the ban under all three of his recorded names — Nurul Miah, Neil Mia, and Neil Miah. The SRA published its own press release on the findings that triggered the FCA’s action. The FCA’s page drew enough attention to receive an editorial update correcting a typo the day after publication.

Current Status

As of the FCA’s announcement — first published on 15 September 2026 and last updated on 17 September 2026 — Miah is banned from working in financial services. The decision is recorded in a Final Notice, which the FCA is publicising so consumers and firms know that Nurul Miah, also known as Neil Mia and Neil Miah, cannot work in financial services. The ban rests on the SRA’s adjudication of 11 September 2024; the FCA’s release records no criminal charges against him, and it does not address whether Miah intends to challenge the prohibition.

Impact on Their Career/Life

The prohibition closes off the regulated career Miah built: the 2016 FCA approval that let him hold senior management roles at Oracle Consultants Ltd is now meaningless, and he cannot work in UK financial services in any capacity. Coming on top of the SRA’s findings that he dishonestly misused client money at Kingly Solicitors Limited, the ban permanently attaches his name — in all its variants — to a multi-million-pound client-money shortfall and to the regulator’s verdict that he has “no place in financial services.”

Sources

• FCA, “Financial regulator bans former law firm owner from financial services,” 15 September 2026 — source