Category: FCA Enforcements

Topic: FCA prohibits IFA and mortgage adviser for fitness and propriety failings Subject of Enforcement: Mr Anthony George Date of Notice: 24th September 2021 Overview: The FCA has prohibited financial advisor Anthony George from performing any regulated activity in the financial...

Topic:  Failure to satisfy the Suitability Threshold Condition Subject of Enforcement: Cavendish Incorporated Limited Date of Notice: 2 August 2021 Overview: Since March 2021, the Authority has received reports from eight consumers claiming to have invested substantial funds in bonds or...

Topic : Ian Hudson sentenced to 4 years imprisonment for fraudulent trading and carrying on regulated activities without authorisation Subject of Enforcement: Ian Hudson Date of Notice: 26th July 2021 Overview: on 26th July 2021, at Southwark Crown Court, His Honour...

Topic: Failing the FCA Threshold Conditions Subject of Enforcement: Gedik International LTD Date of Notice: 18th June 2021 Overview: On 27th March 2020, an application was received by the Financial Conduct Authority from Gedik International LTD to vary it Part 4A...

Topic: FCA Disciplinary Process Subject of Enforcement: LF Woodford Equity Income Fund Date of Notice: 28 May 2021 Overview: On 28 May 2021, Nikhil Rathi, the Chief Executive of the FCA wrote to Rt Hon. Mel Stride MP, Chair of the Treasury Select...

Subject of Enforcement: Larry Barreto and Tassib Hussain Date of Notice: 22 April 2021 ​Overview: Following an investigation, the FCA has commenced criminal proceedings against Larry Barreto and Tassib Hussain. The proceedings relate to an offence of conspiracy to commit fraud by false...

Subject of Decision Notice: Jon Frensham Date of Notice: 29 March 2021 Overview: The FCA considers that Mr Frensham is not a fit and proper person and has decided to withdraw his approval to perform his current senior management functions and to make...