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Showing 31 to 40 of 82 search results for market abuse.

  1. Former equities trader at Schroders Investment Management sentenced for insider dealing

    Press Releases Published: 13/06/2016 Last modified: 30/11/2016
    Damian Clarke, a former equities trader at Schroders Investment Management has today been sentenced to two years imprisonment having pleaded guilty to nine counts of insider dealing. Between August 2000 and January 2013, Mr Clarke was employed initially as an assistant fund manager and, from 2006, as an equities trader. In these roles, Mr Clarke...
  2. FCA fines and bans financial adviser for insider dealing

    Press Releases Published: 13/05/2016 Last modified: 13/05/2016
    The Financial Conduct Authority (FCA) has today fined Mark Taylor, a financial adviser, £36,285 and banned him for a period of at least two years for engaging in market abuse. The FCA found that Mr Taylor, an experienced financial adviser who had worked at Towry Limited for 2.5 years, bought shares in another firm, Ashcourt Rowan plc, off the...
  3. Insider dealers sentenced in Operation Tabernula trial

    Press Releases Published: 12/05/2016 Last modified: 30/11/2016
    In a case brought by the Financial Conduct Authority (FCA), Martyn Dodgson, a senior investment banker, and Andrew Hind, a Chartered Accountant, have today been sentenced at Southwark Crown Court to 4.5 years and 3.5 years imprisonment, respectively, having been convicted of conspiring to insider deal between November 2006 and March 2010.
  4. Two convicted of insider dealing in Operation Tabernula trial

    Press Releases Published: 09/05/2016 Last modified: 30/11/2016
    In a case brought by the Financial Conduct Authority (FCA) and following a three-month trial at Southwark Crown Court, two defendants – a senior investment banker and a Chartered Accountant – have been convicted of conspiring to insider deal between November 2006 and March 2010. Three other defendants, Andrew Grant Harrison, Ben Anderson and...
  5. Former equities trader pleads guilty to insider dealing

    Press Releases Published: 15/03/2016 Last modified: 30/11/2016
    Damian Clarke, a former equities trader at Schroders Investment Management Limited, pleaded guilty at Southwark Crown Court to nine counts of insider trading. He will be sentenced on 13 June 2016. Mr Clarke pleaded guilty to seven counts of insider dealing on 24 July 2015, and today (15 March) has pleaded guilty to the remaining two counts. Mark...
  6. FCA fines and restricts W H Ireland Limited for market abuse risks

    Press Releases Published: 23/02/2016 Last modified: 23/02/2016
    The Financial Conduct Authority (FCA) has fined W H Ireland Limited (WHI) £1.2million. The firm is also restricted for a period of 72 days from taking on new clients in its corporate broking division. The FCA found that between 1 January and 19 June 2013, WHI failed to ensure it had the proper systems and controls in place to prevent market abuse...
  7. FCA consults on Market Abuse Regulation policy proposals and Handbook changes

    Press Releases Published: 05/11/2015 Last modified: 05/11/2015
    The Financial Conduct Authority (FCA) has today published its policy proposals and Handbook changes to support the implementation of the new European Market Abuse Regulation regime, which will apply from 3 July 2016. From this date the principal legal requirements relating to market abuse in the UK will be set out in the EU Market Abuse Regulation...
  8. The Financial Conduct Authority (FCA) bans Kweku Mawuli Adoboli from the financial services industry

    Press Releases Published: 16/10/2015 Last modified: 16/10/2015
    Following convictions on 20 November 2012 of two counts of fraud by abuse of position, the Financial Conduct Authority (FCA) has banned Kweku Mawuli Adoboli from performing any function in relation to any regulated financial activity. Mr Adoboli abused his position as a senior trader of UBS AG causing UBS AG losses amounting to $2.25bn. Mr...
  9. FCA secures High Court Judgment awarding injunction and over £7 million in penalties against five defendants for market abuse

    Press Releases Published: 12/08/2015 Last modified: 17/08/2015
    The High Court today held that the Financial Conduct Authority (FCA) is entitled to permanent injunctions and penalties totalling £7,570,000 against Da Vinci Invest Ltd, Mineworld Ltd, Mr Szabolcs Banya, Mr Gyorgy Szabolcs Brad and Mr Tamas Pornye for committing market abuse.  The defendants were found to have committed market abuse in relation...
  10. Three charged with insider dealing

    Press Releases Published: 29/04/2015 Last modified: 30/11/2016
    As part of an investigation by the Financial Conduct Authority Manjeet Singh Mohal (DOB: 03/04/1957), Reshim Birk (DOB: 18/11/1961) and Surinder Pal Singh Sappal (DOB: 19/08/1963) all of Southall, Middlesex appeared before Westminster Magistrates’ court in respect of offences of insider dealing, contrary to Sections 52(1) and 52(2)(b) of the...