01 · In plain English
What happened.
The FCA fined Robin Crispin William Odey £1,529,374 and imposed a prohibition order after finding he breached Individual Conduct Rule 1 (COCON 2.2.1R), which requires individuals to act with integrity. The FCA concluded Mr Odey deliberately frustrated an internal disciplinary investigation at his firm (including dismissing members of its executive committee in 2021–22). The Upper Tribunal upheld the prohibition and reduced the FCA’s originally proposed fine to £1,529,374.
Written by an AI model from the FCA's notice and press reports and not reviewed by a person. The FCA's own text and documents below are the authoritative record.
02 · Enforcement details
What the FCA published.
On 30 September 2026, the Financial Conduct Authority fined Robin Crispin William Odey £1,529,374. This Final Notice refers to breaches of Individual Conduct Rule 1 (COCON 2.2.1R) relating to failing to act with integrity in the asset management sector. We imposed a financial penalty and a prohibition order. Source: the FCA's published list of 2026 fines.
03 · Press coverage
How it was reported.
- British hedge fund founder Odey loses appeal against industry banReuters · 14 Sep 2026
- Crispin Odey loses appeal against lifetime ban from UK financial services industryThe Guardian · 14 Sep 2026
- Crispin Odey Loses Bid to Overturn UK Financial Services BanBloomberg · 14 Sep 2026
These links go to other sites. Some may need a subscription.
Track FCA enforcement
Watch the firms and people you work with on Firmwatcher.
Add any firm or individual on the FCA register to your watchlist and get an email when a new requirement, disciplinary action or change of role is recorded.