Finance
Odey Banned From UK Finance Industry for ‘Lack of Integrity’
- FCA finds Crispin Odey is not a ‘fit and proper person’
- Financier intends to challenge the ruling in Upper Tribunal
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Crispin Odey was fined £1.8 million ($2.3 million) and banned by the UK’s financial regulator for showing a “reckless disregard” for governance at his former investment fund.
The Financial Conduct Authority said in a statement Odey’s conduct demonstrated that he was not a “fit and proper person” to work in the financial services industry after he moved to frustrate a disciplinary hearing into his own conduct in late 2021.