FCA Warns Crispin Odey Over Integrity Breaches Amid Misconduct Allegations

The Financial Conduct Authority plans action against Odey for obstructing disciplinary processes and lacking candour in response to sexual misconduct claims.

• The FCA accused Crispin Odey of using improper means to protect his interests, breaching its conduct rules requiring integrity.
• Odey allegedly manipulated executive committee appointments at his hedge fund to delay a disciplinary hearing regarding misconduct allegations.
• The FCA's investigation follows reports from multiple women accusing Odey of sexual harassment and assault, which he denies.
• Odey Asset Management is winding down operations after the allegations, with funds and managers moving to competitors.
• Odey has the opportunity to respond to the FCA's warning before potential regulatory actions, such as fines or bans, are decided.

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