The UK's Financial Conduct Authority (FCA) has imposed a fine of £1.8 million on Crispin Odey, the hedge fund manager and founder of Odey Asset Management LLP. The FCA has also banned Odey from the UK financial services industry, citing a lack of integrity and a reckless disregard for governance at his former investment fund. This decision reflects the FCA's ongoing efforts to uphold standards within the financial sector and to address misconduct among financial professionals.