The Financial Conduct Authority plans to name firms under investigation at an earlier stage in a bid to increase transparency and deter wrongdoing. The regulator outlined the new enforcement approach in a consultation paper published today (27 February). It said this would mainly apply to firms rather than
Allison Clare KC from Red Lion Chambers successfully acted for Suhail Zina, a former solicitor at the City law firm Clifford Chance, who was acquitted of fraud and insider dealing after a judge at
A former Goldman Sachs analyst was on Friday jailed for 22 months after he was convicted in a London court of using inside information to buy shares in listed companies and make more than 140,000 pounds ($175,650). Mohammed Zina, 35, was employed by Goldman Sachs International in its conflicts resolution group in London. Prosecutors said he used confidential information to buy shares in six companies between July 2016 and December 2017, including chip designer Arm Holdings with knowledge of SoftBank Group's impending $32 billion acquisition.
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