ARTICLE
8 April 2016

Financial Conduct Authority Bans Former Trader From UK Financial Services Industry - March 2016

AO
A&O Shearman

Contributor

A&O Shearman was formed in 2024 via the merger of two historic firms, Allen & Overy and Shearman & Sterling. With nearly 4,000 lawyers globally, we are equally fluent in English law, U.S. law and the laws of the world’s most dynamic markets. This combination creates a new kind of law firm, one built to achieve unparalleled outcomes for our clients on their most complex, multijurisdictional matters – everywhere in the world. A firm that advises at the forefront of the forces changing the current of global business and that is unrivalled in its global strength. Our clients benefit from the collective experience of teams who work with many of the world’s most influential companies and institutions, and have a history of precedent-setting innovations. Together our lawyers advise more than a third of NYSE-listed businesses, a fifth of the NASDAQ and a notable proportion of the London Stock Exchange, the Euronext, Euronext Paris and the Tokyo and Hong Kong Stock Exchanges.
On March 8, 2016, the FCA published a final notice that it had banned Gary Harold Arthur Fincher from the UK financial services industry.
United Kingdom Finance and Banking

On March 8, 2016, the FCA published a final notice that it had banned Gary Harold Arthur Fincher from the UK financial services industry. Mr. Fincher was convicted on, September 25, 2014 and April 9, 2015 of a total of 28 counts relating to criminal offenses of dishonesty and financial crime. Mr. Fincher was sentenced to 24 months' imprisonment and 18 months' respectively. The FCA found that, in respect of his criminal convictions, Mr. Fincher had breached the 'Fit and Proper' requirements set out in its Handbook because he lacked honesty, integrity and reputation. The ban, which took effect on March 8, 2016, prohibits Mr. Fincher from carrying out any function in relation to any regulated activity carried out by any authorized firm, exempt person or exempt professional firm.

The final notice is available at: http://www.fca.org.uk/static/documents/final-notices/geoffrey-harold-arthur-fincher.pdf

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

Mondaq uses cookies on this website. By using our website you agree to our use of cookies as set out in our Privacy Policy.

Learn More