FCA issues final notice after conspiracy to defraud conviction

The FCA has published a final notice banning Colin Bermingham from performing any function in relation to any regulated activity carried on by any authorised or exempt person or exempt professional firm. In 2019, Mr Bermingham was convicted of conspiracy to defraud relating to EURIBOR submissions made at Barclays Bank Plc under his supervision and was sentenced to 5 years imprisonment. The FCA concluded that his conviction demonstrates clear and serious dishonesty and a lack of integrity such that he is not fit and proper to perform functions in relation to regulated activities.

Lucy Hadrill