FCA confirms investigations into Crispin Odey and Odey Asset Management

Writing in response to a letter from the Treasury Committee, FCA chief executive Nikhil Rathi said the regulator was investigating whether Odey was a "fit and proper person to work in financial services" and whether he has failed to comply with FCA rules on integrity, due skill, care and diligence. Treasury Committee questions FCA oversight of Crispin Odey and Odey AM He noted the eponymous founder had not held a senior manager role since 2020 and had been removed as a certified individual in June 2023, at the request of Odey AM and Odey Wealth Management. Rathi also confirmed Ode...