Arrests after police and City watchdog smash ‘criminal insider dealing ring’ Legal Three people have been arrested following a joint operation between top cops and the City watchdog following an investigation into a “criminal insider dealing ring”. Over 100 staff from the City watchdog and National Crime Agency (NCA) took part in raids on five residential premises across London and Manchester on Tuesday. Authorities seized more than [...]
Ex-Jefferies banker pleads not guilty in FCA insider dealing case Legal A former banker at investment bank Jefferies pleaded not guilty to one count of insider dealing ahead of a trial listed for January 2028. The Financial Conduct Authority (FCA) revealed in November that it started criminal proceedings against Bobosher Sharipov, 44, and Bekzod Avazov, 43, for alleged insider dealing. Sharipov worked at investment bank Jefferies [...]