In March 2026 the Financial Conduct Authority (FCA) published a Final Notice in which it prohibited Kasim Garipoglu from working in financial services in the UK, on the basis that he was not fit and proper due to a lack of honesty and integrity and also because the FCA considered that he posed a risk to consumers and to the integrity of the UK financial system. The FCA found that Mr Garipoglu repeatedly demonstrated a disregard for regulatory requirements and positively encouraged serious misconduct amongst his colleagues.
For the key takeaways from this case, as well as the key findings, please see our latest Notice in a Nutshell briefing here. All of our publications in this series can also be found here.