No mention of Odey or Woodford in FCA annual report

Regulatory enforcement

Cristian Angeloni
clock • 2 min read

The Financial Conduct Authority’s annual report for the year ended 31 March 2023 notably had no mention of action taken or to be taken against Neil Woodford, Crispin Odey and/or their respective companies.

When the FCA announced the potential settlement of up to £235m alongside the deal with Link Group and Link Fund Solutions in April, it stated it would provide an update on the scheme in July. FCA to 'further clarify' non-financial misconduct guidance The annual report published yesterday (20 July) made no mention of the Woodford investigation, nor the proposed redress scheme. Similarly, six weeks into the Crispin Odey scandal, the regulator made no mention of its regulatory activity around Odey and his company Odey Asset Management, despite confirming last month it has been investi...

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