UK Financial Conduct Authority Wins UK Court Tribunal to Disallow ex-Barclays CEO of Wealth & Investment Thomas Llewellyn Kalaris (1996 to 2014) to be a Senior Manager in a UK FCA Regulated Business as a Fit & Proper Person in 2020 Application for Wealth & Investment Firm Saranac Partners, Case Reference to Thomas Llewellyn Kalaris Conduct Relating to Barclays Capital Raising Exercise & Interview in 2008 & 2014
27th August 2024 | Hong Kong
The UK Financial Conduct Authority (FCA) has won the UK court tribunal to disallow ex-Barclays CEO of Wealth & Investment Thomas Llewellyn Kalaris (1996 to 2014) to be a senior manager in a UK FCA regulated business as a “Fit & Proper Person” in 2020 application for wealth & investment firm Saranac Partners to the UK FCA. The case reference is to Thomas Llewellyn Kalaris conduct relating to Barclays capital raising exercise & interview in 2008 & 2014. UK FCA (27/8/24): “On 27 August 2024, the Upper Tribunal ruled in the FCA’s favour on the refusal to allow Thomas Llewellyn Kalaris to perform senior manager functions.” Laura Dawes, Director of Authorisations, UK FCA: ‘We welcome the Tribunal’s ruling. It unanimously found that Mr Kalaris was dishonest in 2 enforcement interviews the FCA conducted into events that occurred during his time at Barclays. He is therefore not fit to be a senior manager in a business regulated by us. It is vital financial firms are led by those who are honest, transparent and who act with integrity.” Read the Tribunal’s ruling and our decision notice (PDF).
“ UK Financial Conduct Authority Wins UK Court Tribunal to Disallow ex-Barclays CEO of Wealth & Investment Thomas Llewellyn Kalaris (1996 to 2014) to be a Senior Manager in a UK FCA Regulated Business as a Fit & Proper Person in 2020 Application for Wealth & Investment Firm Saranac Partners, Case Reference to Thomas Llewellyn Kalaris Conduct Relating to Barclays Capital Raising Exercise & Interview in 2008 & 2014 “
UK Financial Conduct Authority Wins UK Court Tribunal to Disallow ex-Barclays CEO of Wealth & Investment Thomas Llewellyn Kalaris (1996 to 2014) to be a Senior Manager in a UK FCA Regulated Business as a Fit & Proper Person in 2020 Application for Wealth & Investment Firm Saranac Partners, Case Reference to Thomas Llewellyn Kalaris Conduct Relating to Barclays Capital Raising Exercise & Interview in 2008 & 2014
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