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Treasury Committee writes to FCA on allegations around Odey Asset Management

14 June 2023

The Treasury Committee has today sent written questions to the Financial Conduct Authority (FCA) on allegations relating to Odey Asset Management.

Following allegations raised by the Financial Times, the Committee asks a series of questions on the regulator’s supervision of Odey Asset Management and Crispin Odey, and on the FCA’s wider work on non-financial misconduct.

The letter can be read in full here.

Chair comment

Commenting on the correspondence, Harriett Baldwin MP, Chair of the Treasury Committee, said:

“Culture in financial services, and the experiences of women in the industry, are ongoing concerns of the Treasury Committee. Journalists at the Financial Times have shone a light on deeply troubling allegations of conduct regarding the actions of a powerful individual. We look forward to receiving a response from the financial regulator on these important issues.”

Further information

Image credit: UK Parliament