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FCA fines and bans former SVS Securities CEO

Authentic statutory obligations decomposed into atomic machine-actionable conditions, actions, and verification standards.

Official Legal Text
Mediumobligation98% AI Match
Approved

Obligation Control 1: The FCA has banned Demetrios Hadjigeorgiou from working in senior management positions in

The FCA has banned Demetrios Hadjigeorgiou from working in senior management positions in financial services and fined him £56,400.

Required Actions & Enforcement

Action Type:VERIFY_POLICY_ENFORCEMENT

Trigger Conditions (AST Logic)OP: AND

statutory.clause_1.verifiedEQUALStrue
Highobligation98% AI Match
Approved

Obligation Control 2: Mr Hadjigeorgiou was the former director and chief executive officer (CEO) of SVS Securiti

Mr Hadjigeorgiou was the former director and chief executive officer (CEO) of SVS Securities Plc (SVS), a discretionary fund manager.The FCA found that Mr Hadjigeorgiou failed to properly manage SVS and protect its customers’ interests.While he was CEO, the firm invested customers’ money, including pension savings, in high-risk products while receiving significant payments from the companies that issued them.Mr Hadjigeorgiou also failed to challe

Required Actions & Enforcement

Action Type:VERIFY_POLICY_ENFORCEMENT

Trigger Conditions (AST Logic)OP: AND

statutory.clause_2.verifiedEQUALStrue