Francisco Xavier Rodriguez-Purcet

Findings — machine-extracted (anthropic-batch:claude-opus-4-8); verify against the decision

The Respondent, an unadmitted person employed by Tandem Law as Head of Marketing and Business Development, was found to have received corrupt kick-backs (secret profits) derived from Axiom Fund monies, siphoned through a friend's company (LAL), in breach of Principles 2 and 6 (allegation 1.1), with dishonesty expressly found under the Ivey test. He was also found to have recklessly arranged/acquiesced in passing confidential client information to third parties for cold-calling re-mortgage services without client consent, breaching Principles 2 and 6 (allegation 1.2). The hearing proceeded in his absence after an adjournment application (based on his mental health) was refused. The Tribunal imposed a Section 43 Order restricting his employment in the profession, declined to add a financial penalty at the regulator's submission, and ordered him to pay costs of £35,000.

Duties found breached:

• Integrity
• Uphold public trust in the profession

Aggravating factors:

• Proven dishonesty of the highest order
• Conduct motivated by financial gain for himself
• Actions were planned
• He, together with others, had direct control of the circumstances
• Harm to the reputation of the profession and significant financial loss to the Axiom Fund (none of the loaned monies repaid)