Mr Fredy Udwadia AFA MIPA

Mr Fredy Udwadia, AFA MIPA
Dubai, UAE

Regulatory Committee 15 October 2024

Complaint

The IFA complaint was that Mr Udwadia breached IFA Continuing Professional Development Regulations 3.4, effective 1 July 2022, in that he failed to complete a minimum of 40 hours of CPD, 20 of which shall be verifiable CPD, in the calendar year of 2023.

Finding

The Regulatory Committee found that there was a prima facie case to answer that rendered Mr Udwadia liable to disciplinary action under IFA Bye-law 11.2 (c) for breaching IFA Continuing Professional Development Regulations 3.4.

Consent order

Severe Reprimand, fine of £650 and costs of £292.