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Crispin Odey, a 67-year-old hedge fund tycoon, appeared in a London courtroom on the first day of a three-week trial to challenge the Financial Conduct Authority's (FCA) decision to ban him from the UK's financial services industry. The ban was imposed due to allegations of sexual harassment made by several women. Odey testified that he did not recall cornering a female employee after a boozy lunch and saying to her 'I could attack you now'. However, the employee's diary entry, dated January 24, 2020, confirmed the incident, stating: 'Comes back from boozy lunch and corners me in the corridor. Him: I could attack you now. Me: Please don’t. Him: You could sue me for that.' Odey admitted to having groped a colleague's breasts without her consent in 2005, which he attributed to being under sedatives after root canal treatment. He claimed the woman accepted his apology and continued to work for the firm for another eight years. The FCA alleges that Odey showed a 'lack of integrity' by attempting to frustrate an investigation into allegations of sexual harassment. Odey denied these allegations, stating that he had attempted to have the FCA rule on whether he was fit and proper first. Odey is also facing a £79m libel lawsuit against the Financial Times and civil personal injury claims by five women, including one who accused him of rape. The hearing continues.

Olympic gold medal-winning boxer Lin Yu-ting of Taiwan has been cleared to return to competition at the Asian Boxing Championships following a review of her sex eligibility.World Boxing, the sport’s Olympic-level governing body, announced its decision before the Asian championships, which begin March 29 in Mongolia.Lin and Imane Khelif of Algeria won gold medals at the 2024 Paris Olympics amid international scrutiny and misconceptions over both boxers’ sex.While both met the eligibility rules followed at the time by the International Olympic Committee (IOC), which ran the Paris tournament, the two fighters’ success led to a politically charged debate over those standards.World Boxing took over as the sport’s governing body last year, and it implemented a sex eligibility policy last August requiring all fighters to take a one-time genetic test designed to identify the presence of a Y chromosome.Lin has been absent from several international competitions since World Boxing introduced the test last summer.“We recognise that this has been a difficult period for the boxer and the CTBA and appreciate the way they have approached the appeal process and their acknowledgement of World Boxing’s requirement to ensure that its eligibility policy, which is designed to deliver safety and sporting integrity, has been correctly implemented and followed,” World Boxing secretary-general Tom Dielen said in a statement.Taiwan’s boxing association described the decision as a “tremendous relief” for Lin.“We are pleased that World Boxing’s independent medical experts thoroughly reviewed all evidence and confirmed that she has been female since birth,” it said in a statement.Lin “will make her highly anticipated return to the ring at the Asian Boxing Championships”, the statement said.