FCA revokes bans for four individuals after Court of Appeal quashes convictions

The Financial Conduct Authority has revoked bans and removed final notices for Colin Bermingham, Philippe Moryoussef, Jonathan Mathew and Christian Bittar, after their convictions were overturned by the Court of Appeal. The FCA stated these convictions formed the basis for the original action, and will take no further action against these individuals. This follows last year's decision to revoke bans for Tom Hayes and Carlo Palombo after the Supreme Court quashed their convictions.