The FCA has fined Tariq Carrimjee £89,004 and prohibited Mr Carrimjee from carrying out the compliance oversight and money laundering reporting significant influence functions. The final notice follows a decision by the Upper Tribunal upholding the FCA’s decision.

A copy of the FCA’s final notice is available: http://bit.ly/2fOX7OF

On 23 April 2013, Mr Carrimjee referred the Decision Notice to the Upper Tribunal (Tax and Chancery Chamber) (the “Tribunal”). The written decision (the “Decision”) of the Tribunal was released on 4 March 2015 and can be found on the Tribunal’s website: http://bit.ly/2gJJsMZ

On 21 December 2015 Mr Carrimjee referred the Further Decision Notice to the Tribunal. The written decision of the Tribunal was released on 20 October 2016 and can be found on the Tribunal’s website: http://bit.ly/2gpqmez