The UK Financial Conduct Authority (FCA) has banned Jeffrey Dawkins, former CEO of Vector Wealth Ltd, from holding any position and fined him nearly £270,000. The FCA stated that Mr. Dawkins dishonestly acted as a "front" for a disqualified director, using the company to sell high-risk bonds, leading to an estimated loss of approximately £4 million for investors. Additionally, the FCA has banned Kadir Kanizi, former senior manager at Vector Wealth, from holding senior management positions and fined him for failing to ensure consumers received appropriate risk warnings.