A total of zero non-financial misconduct cases have been opened, closed or resulted in enforcement action by the Financial Conduct Authority (FCA) since January 2023, Investment Week can reveal.
According to a Freedom of Information (FOI) request sent by PA's sister title Investment Week to the regulator, there have been no active cases on the matter between January 2023 and March 2025. No cases have been opened, closed or resulted in either no action or any form of enforcement action whatsoever on non-financial misconduct, the FOI request found. The response followed steps taken by the FCA back in 2023 to target non-financial misconduct in the industry, after the high-profile scandal involving disgraced hedge fund manager Crispin Odey, who was accused of sexual misconduct by...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
