Mr Fredy Udwadia AFA MIPA

Mr Fredy Udwadia, AFA MIPA

Dubai, United Arab Emirates

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.