01 · In plain English
What happened.
On 14 November 2024 the FCA issued a Final Notice fining Craig Buchan £6,037 and imposing a prohibition. The Notice records breaches of COCON 2.2.1R (Individual Conduct Rule 1) for failing to act with integrity in the investment adviser sector. COCON 2.2.1R requires an individual to act with integrity; the FCA imposed both the financial penalty and a prohibition as its sanction.
Summarised from the FCA's notice and press reports. The FCA's own text and documents below are the authoritative record.
02 · Enforcement details
What the FCA published.
On 14 November 2024, the Financial Conduct Authority fined Craig Buchan £6,037. This Final Notice refers to breaches of COCON 2.2.1R related to failing to act with integrity in the Investment Adviser sector. We imposed a financial penalty and prohibition. Source: the FCA's published list of 2024 fines.
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