Financial Services within the UK are regulated by the Financial Services and Markets Act 2000 with the Financial Conduct Agency (‘FCA’) being responsible for consumer protection, preserving integrity and creating healthy competition within the Financial Services Markets.
It is also involved in promoting regulatory principles and combatting financial crime.
One area of misconduct the FCA focuses on is ‘Insider Dealing’ which expression covers allegations of dealing/ trading whilst an individual is in possession of ‘inside information’, thereby enabling transactions to be conducted unfairly using information which is not in the public domain.
The charge of ‘Insider dealing’ can be alleged against anyone, not simply those employed within the financial sector. An individual who discloses the information may do so to a colleague, friend or family member without intending or anticipating that it may be subsequently used for ‘insider dealing’ activity.
How Can We Help? | Kangs FCA Defence Solicitors
The team at Kangs Solicitors is experienced in dealing with investigations conducted by the FCA and we understand the complexities of insider dealing allegations and are able to provide discreet and clear advice.
If found guilty of high value insider dealing, imprisonment is often inevitable. For this reason it is essential to seek legal advice at an early stage if you have been accused of insider dealing.
We understand the serious financial implications a prosecution can have on company and its Directors. From experience it is essential to act quickly and seek legal advice when being investigated by the Police.
We have a team of solicitors experienced in defending allegations of serious fraud.
Our team is led by Hamraj Kang who is recognised as a leading expert in the field. He the only lawyer to be ranked as a ‘star individual’ for five consecutive years in the legal directory Chambers & Partners for his work in the field of fraud and financial crime.
Other members of the team are ranked in the Legal 500 and also ranked in Chambers & Partners.
You should not hesitate to contact: