Last checked at 
(Adds FCA comment, details)
By Kirstin Ridley
LONDON, April 28 (Reuters) - Britain's Financial Conduct
Authority (FCA) has closed a civil inquiry into former Barclays
executive Roger Jenkins over how the bank secured
billions of pounds of funding from Qatar during the credit
crisis, his lawyer said on Tuesday.
The regulator called Barclays "reckless" in 2013 for failing
to disclose payments of 322 million pounds ($400 million) in
advisory fees to Qatari investors, whose capital injections
helped the British bank avoid a state bailout in 2008.
But an FCA's probe into the bank and individuals was put on
hold after the UK Serious Fraud Office (SFO) launched a criminal
investigation in late 2012. In February this year, Jenkins and
two other former Barclays executives were unanimously acquitted
of fraud charges after two jury trials.
"The FCA investigation of Roger Jenkins is over," Brad
Kaufman, co-president of law firm Greenberg Traurig who has been
representing Jenkins since 2012, told Reuters.
"The FCA has discontinued their warning notice as simply
unfair to Mr Jenkins after all these years and all he has been
through."
The conclusion of the high-profile trial at London's Old
Bailey meant Jenkins, once dubbed the bank's "gatekeeper" to the
Qatari relationship, Tom Kalaris, who ran the wealth division
and Richard Boath, a one-time financial institutions boss,
walked free. The men had all denied wrongdoing.
But the end of the criminal trial also spelled the
re-starting of the regulatory investigation, which could have
led to a fine or ban from financial services.
The FCA has not divulged which individuals were in its
sights. It said on Tuesday it normally did not comment about
matters being considered by the Regulatory Decisions Committee,
an internal panel of experts that takes enforcement and
supervisory decisions on its behalf.
"... we have strict confidentiality and privacy obligations
to comply with," a spokesman said in a statement.
Barclays, which noted in a share issue prospectus in 2013
that the FCA planned to fine it 50 million pounds for its
failure to adequately disclose the Qatari "advisory service
agreements", said in its last annual report published in
February that it continued to contest the FCA findings.
A lawyer for former chief executive John Varley, who was
charged alongside Jenkins, Kalaris and Boath but acquitted last
June for lack of evidence, was not immediately available for
comment.
The FCA years ago dropped a civil case against Boath and
Chris Lucas, the former Barclays finance director who
prosecutors said would have been criminally charged had he not
been too ill to stand trial. Kalaris had not been in the FCA's
sights, his lawyer said.
($1 = 0.8042 pounds)
(Reporting by Kirstin Ridley; Editing by Sinead Cruise and
Alexander Smith)
