Denisz Andras Nagy

The FCA found that Denisz Andras Nagy, formerly chief executive of Dolfin Financial (UK) Limited, led a scheme (about 2016–2019) that helped clients bypass the Home Office investor‑visa rules by charging fees and creating a false impression that required investments had been made. On 25 August 2026 the FCA fined him £324,800 (after a 30% settlement discount) and imposed a prohibition from performing any function in relation to regulated activities, finding breaches of APER and COCON including failures of integrity, openness and co‑operation and that he was not fit and proper. The FCA said the scheme enabled at least 99 individuals to obtain investor visas and generated at least £35.5m in fees; the notice also records that Nagy and others deliberately concealed the scheme from the FCA and the Home Office.