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Showing 41 to 50 of 79 search results for market abuse.

  1. Former senior trader sentenced for insider dealing

    Press Releases Published: 19/03/2015 Last modified: 30/11/2016
    In a case brought by the Financial Conduct Authority (FCA), Julian Rifat – a former senior execution trader and portfolio strategist at Moore Europe Capital Management LLC – has today been sentenced at Southwark Crown Court to 19 months imprisonment; Mr Rifat has also been fined £100,000 for the same offences and ordered to pay costs of...
  2. Tribunal partly upholds the Financial Conduct Authority’s decision to fine Tariq Carrimjee for assisting a client to commit market abuse

    Press Releases Published: 06/03/2015 Last modified: 06/03/2015
    The Upper Tribunal (Tribunal) has released its decision in relation to Tariq Carrimjee of Somerset Asset Management LLP (Somerset).  The Tribunal upheld the FCA’s decision to impose a penalty of £89,004 and found that Carrimjee’s failings were serious and that a significant financial penalty was appropriate. The Tribunal’s decision was...
  3. Former Group Treasurer and Head of Tax at Morrisons plc sentenced to 12 months imprisonment for insider dealing

    Press Releases Published: 03/03/2015 Last modified: 30/11/2016
    Paul Coyle, the former Group Treasurer and Head of Tax at Wm Morrison Supermarkets plc, pleaded guilty to two counts of insider dealing and has been sentenced to 12 months imprisonment. He was also ordered to pay £15,000 towards prosecution costs and a Confiscation Order in the sum of £203,234. In a case brought by the Financial Conduct
  4. Former Logica PLC Manager pleads guilty to insider dealing

    Press Releases Published: 26/02/2015 Last modified: 30/11/2016
    In a case brought by the Financial Conduct Authority (FCA) Ryan Willmott, formerly Group Reporting and Financial Planning Manager for Logica PLC, has today pleaded guilty to three instances of insider dealing. Profits from the related dealing exceeded £30,000.  He will be sentenced on 26 of March. Willmott admitted dealing on the basis of inside...
  5. Former Group Reporting and Financial Planning Manager for Logica PLC appears in court in respect of insider dealing

    Press Releases Published: 11/02/2015 Last modified: 11/02/2015
    As part of an investigation by the Financial Conduct Authority (FCA) Ryan Tony Willmott (DOB: 17/01/1982), aged 33 from Reading, formerly Group Reporting and Financial Planning Manager for Logica PLC, appeared today (11 February 2015) before Westminster Magistrates’ court in respect of three offences of insider dealing, contrary to Sections 52(1)...
  6. FCA fines Reckitt Benckiser £539,800 for listing rule failures

    Press Releases Published: 20/01/2015 Last modified: 30/08/2015
    The Financial Conduct Authority (FCA) has fined Reckitt Benckiser Group Plc (RB) £539,800 for inadequate systems and controls to monitor share-dealing by its senior executives in its own shares. This contributed to late and incomplete disclosure to the market of share dealings by two senior executives.  RB breached key requirements in the listing...
  7. FCA confirms price cap rules for payday lenders

    Press Releases Published: 11/11/2014 Last modified: 17/11/2014
    People using payday lenders and other providers of high-cost short-term credit will see the cost of borrowing fall and will never have to pay back more than double what they originally borrowed, the Financial Conduct Authority (FCA) confirmed today. Martin Wheatley, the FCA's chief executive officer, said: 'I am confident that the new rules strike...
  8. Former Moore Capital trader pleads guilty to insider dealing

    Press Releases Published: 07/11/2014 Last modified: 07/11/2014
    In a case brought by the Financial Conduct Authority (FCA) Julian Rifat a former senior execution trader at Moore Capital Management LLC has today pleaded guilty to an indictment reflecting 8 instances of insider dealing. Profits from the dealing exceeded £250,000.   Rifat is the third individual to plead guilty to insider dealing offences...
  9. FCA charges former Treasurer and Head of Tax at Wm Morrison with insider dealing

    Press Releases Published: 29/09/2014 Last modified: 29/09/2014
    The Financial Conduct Authority (FCA) has charged Paul Gerard Coyle (DOB: 20/04/1964), the former Treasurer and Head of Tax at Wm Morrison Supermarket plc (Morrison) with two offences of insider dealing, contrary to Section 52(1) of the Criminal Justice Act 1993. The offences relate to trading in Ocado Group plc shares between February and May 2013...
  10. Insider dealers ordered to pay £3.2m in confiscation

    Press Releases Published: 15/09/2014 Last modified: 15/09/2014
    In a case brought by the Financial Conduct Authority (FCA) and heard at Southwark Crown Court Confiscation Orders (the Orders) totalling £3,249,488.71 were made by His Honour Judge Pegden QC between 10 September 2014 and 15 September 2014 against Ali Mustafa, Pardip Saini, Paresh Shah, Neten Shah, Bijal Shah, Truptesh Patel and Richard Joseph. On...