The Financial Conduct Authority (FCA) has published a final decision notice on Coutts private bank fraudster Francis Buckman, prohibiting him from performing regulated activities.
In the decision notice published on 19 September by the regulator, it has prohibited Buckman from performing any function in relation to any regulated activity carried out by any authorised person, exempt person or exempt professional firm. This comes after he was involved in a criminal conspiracy to commit fraud by false representation between January and October 2017 linked to Coutts private bank, as reported by the Echo. The FCA noted that between November and December 2019, Buckman held the apportionment and oversight function and then the senior manager function between December ...
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