Peters & Peters is pleased to have secured a suspended sentence for our client, Matthew West, in relation to proceedings brought by the Financial Conduct Authority (FCA) for insider dealing. Mr West was formerly a self-employed trader in the City, who earlier this year pleaded guilty to five counts of insider dealing. Mr West’s […]
The Financial Conduct Authority (FCA) has fined ED&F Man Capital Markets Ltd (MCM) over £17.2 million ‘for serious failings in its oversight of cum-ex trading’. The FCA said that these failings allowed the broker to collect fees for trading strategies designed to enable clients to reclaim tax illegitimately from the Danish authorities. According to the […]
Last month, the Financial Conduct Authority banned Jes Staley, former chief executive of Barclays, from holding senior position in financial services, also fining him a £1.8 million fine, for misleading it over a personal relationship, namely with Jeffrey Epstein. In this article for FT Adviser, Joseph Duggin discusses the case and how it is a […]
