The Financial Conduct Authority (FCA) has published a Decision Notice for Tariq Carrimjee of Somerset Asset Management LLP for recklessly assisting Goenka in his plan to manipulate Gazprom and Reliance securities in 2010. The FCA has decided to fine Tariq Carrimjee £89,004 and ban him from performing any role in regulated financial services. The fine and prohibition reflect the serious nature of Tariq Carrimjee’s involvement in Goenka’s plan despite suspecting that Goenka held related structured products and intended to secure securities at a false level.