Reference Case Number: FOI8474
Freedom of Information: Right to know request:
- I will be grateful if you can provide me with your data regarding the number of prosecutions for insider dealing resulting from the information you received based on your Suspicious Transaction and Order Reports (STORs) from 2017 to 2020.
- I will also like to know the breakdown of such prosecution with respect to insider dealing resulting from reports you received in respect of Commodities trading, Equities trading, and Fixed income trading for each of the years specified above (2017 to 2020).
- Finally, I will be grateful if you can let me know the outcome of each prosecution and the related financial penalties if any.
FCA response:
Question 1 - 5 prosecutions
Question 2 - Nil
Question 3 - Details available from the final notices in the table provided.
| Date sentence | Name | Link to press release | STR received | |
|---|---|---|---|---|
| 13/01/2017 | Reshim Birk | Two sentenced in insider dealing case | Yes | |
| 13/01/2017 | Manjeet Singh Mohal | Two sentenced in insider dealing case | No (this person was the insider and did not execute any trades) | |
| 27/06/2019 | Fabiana Abdel-Malek | Two found guilty of insider dealing | No (this person was the insider and did not execute any trades) | |
| 27/06/2019 | Walid Anis Chouhair | Two found guilty of insider dealing | This case was instigated by STOR | |
| 03/09/2019 | Richard Baldwin | Richard Baldwin, sentencing 3 September 2019 | STOR was not received as he was not a trading suspect but a middleman |