FCA enforcement – June 2021
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...
FCA enforcement – May 2021
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...
FCA enforcement – April 2021
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...
FCA enforcement – March 2021
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...