ROBIN CRISPIN ODEY v THE FINANCIAL CONDUCT AUTHORITY [2026] UKUT 00351 (TCC)
Upper Tribunal Tax and Chancery decision of MR JUSTICE THOMPSELL and JUDGE RUPERT JONES and MEMBER CATHERINE FARQUHARSON on 10-13, 16-20, 24-26 March and 5 & 6 May 2026
Read full decision:
FINANCIAL SERVICES – whether Applicant acted without integrity: in twice removing Executive Committees of the LLP he owned that were due to hear a disciplinary hearing into allegations he had breached a Final Written Warning imposed upon him for misconduct and inappropriate behaviour towards female employees; in substituting himself as the sole member of ExCo in breach of regulatory requirements requiring at least two managers; in making misleading statements to the members of the LLP, to investors and to the Financial Conduct Authority – whether the FCA was reasonably entitled to impose a prohibition order upon the Applicant pursuant to s.56 FSMA - financial penalty - s66 FSMA - whether jurisdiction to impose - whether financial penalty correctly calculated - reference dismissed