Proposed action against Crispin Odey: A different approach to tackling non-financial misconduct
By EsqSocial Corporation 02/04/25
The UK Financial Conduct Authority (FCA) has published the full details of its proposal to fine and ban the fund manager, Crispin Odey, for lacking integrity. But the FCA’s proposed action against Mr Odey does not rely on his alleged sexual misconduct. Instead, the FCA took a different approach by focusing on how Mr Odey deliberately frustrated a disciplinary hearing into his alleged sexual misconduct and the knock-on impact his actions had on his firm’s broader governance arrangements. Mr Odey...
By: A&O Shearman