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Odey fined, banned from UK financial services for lacking integrity

( March 17, 2025, 11:15 GMT | Official Statement) -- MLex Summary: Crispin Odey, founder of Odey Asset Management, has been fined more than 1.8 million pounds (around $2.4 million) and banned from the UK’s financial services industry, for lacking integrity. Odey had deliberately frustrated OAM’s disciplinary processes to protect his own interests, the Financial Conduct Authority said. Odey sacked the entire OAM board amid an internal probe into his conduct and appointed himself the sole director. He is appealing the FCA's decision. Statement below, final notice attached. ...

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