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MPs question FCA’s oversight of Odey Asset Management

Watchdog grilled over the 'nature and intensity' of its engagement with Crispin Odey's eponymous firm

'Culture in financial services, and the experiences of women in the industry, are ongoing concerns of the Treasury Committee', said Harriett Baldwin
'Culture in financial services, and the experiences of women in the industry, are ongoing concerns of the Treasury Committee', said Harriett Baldwin Photo: Luke Dray/Getty Images

The UK parliament's influential Treasury Committee has questioned the Financial Conduct Authority's supervision of Odey Asset Management in the wake of a string of sexual misconduct allegations against its eponymous founder Crispin Odey.

The letter, which was delivered to the FCA on 14 June and signed by committee chair Harriett Baldwin, asks the watchdog to clarify the "nature and intensity" of its engagement with Odey AM during the last five years.

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