FCA: Decision Notice: Crispin Odey
FCA has issued a Decision Notice against Crispin Odey. The regulator intends to fine him £1.8m and issue a prohibition order against him. FCA considers that he deliberately sought to frustrate Odey Asset Management’s disciplinary processes into his conduct to protect his own interests and showed reckless disregard for the firm’s governance, causing it to breach certain regulatory requirements. FCA considers that his behaviour towards both the firm and the regulator lacked candour. Crispin Odey has referred the Notice to the Upper Tribunal.
Last updated · 13 Mar 2026
Regulatory News - Financial Services & Regulation
See allHoL Financial Services Regulation Committee: Stablecoins – waiting for regulation
The Committee has now published its report. Amongst other matters, it concludes that the UK is currently lagging behind in developing its regulatory regime compared to the USA and EU and that there are some elements of the UK’s proposed regime which would diverge from international equivalents, including in requirements for systemic issuers to hold unremunerated backing assets, the proposed stablecoin holding limits, and the restrictions on commercial banks issuing stablecoins; The report sets out a number of recommendations for the authorities, including consideration of whether the existing legal frameworks are sufficient to detect and deter illicit activity using private unhosted and unregulated wallets.
FCA: Introduction to anti-money laundering regulations – responses to questions from firms
FCA has published Q&As covering various aspects of the new regime.
FCA: Sponsorship arrangements between football clubs and unauthorised firms
FCA has raised concerns that a number of unauthorised firms, including crypto businesses and trading platforms, are using sponsorship and may be breaching UK financial services laws by providing financial services in the UK without authorisation. FCA has written directly to football clubs, mainly in the Premier League, to warn about their relationships with these firms and remind them of their responsibilities to fans.
The Financial Services and Markets Act 2023 (Commencement No. 14) Regulations 2026/587 (C47)
These Regulations bring into force on s1(1) FSMA so far as it relates to the revocation of certain instruments relating to short selling which are referred to in Schedule 1 to the Act. (Date in force: 13 July 2026)
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JMLSG: Consultation
JMSLG is consulting on proposed amendments to Part I of its Guidance. Responses are required by 29 June 2026.
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