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.
Crispin Odey fined £1.8m and banned from City for ‘lack of integrity’ amid misconduct allegations - Odey ‘repeatedly sought to evade and obstruct efforts to hold him to account’ – the FCA ...
The FCA ruling is provisional; as Mr Odey is due to challenge the FCA's findings at an Upper Tribunal hearing.
Hedge fund manager Crispin Odey has been fined £1.8 million and banned from the UK finance industry for a “lack of integrity”, the financial watchdog has said in a provisional decision.