Four men under investigation on suspicion of multiple offences | FCA

On 1 February 2024, the FCA working with the National Crime Agency (NCA) conducted a major operation to arrest 3 London based individuals on suspicion of insider dealing, conspiracy to insider deal and money laundering linked to organised crime.

More than 38 FCA and NCA officers were involved in the operation at the 3 residential London properties. Several digital devices were seized in searches conducted by FCA investigators.

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Steve Smart, joint executive director with responsibility for delivering enforcement and market oversight for the FCA, said:

‘Insider dealing poses a significant threat to the integrity of financial markets both in the UK and overseas. The FCA is committed to combatting organised criminal networks involved in this threat….”

Source: Four men under investigation on suspicion of multiple offences | FCA