Ex-hedge fund trader sentenced for insider dealing
22 June 2010
Anjam Saeed Ahmad, an ex-hedge fund trader and risk manager with AKO Capital LLP (AKO), has been sentenced to 10 months imprisonment, suspended for two years, 300 hours of unpaid work in the community and fined £50,000 for insider dealing. On 18 May 2010 Ahmad pleaded guilty to one count of conspiracy to commit insider dealing contrary to Section 1 of the Criminal Law Act 1977. A further offence of insider dealing committed on 19 February 2008 was taken into consideration...
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Photo-Me fined £500,000 for delay in disclosing inside information
21 June 2010
The Financial Services Authority (FSA) today fined Photo-Me International plc (Photo-Me) £500,000 for failing to disclose inside information to the market as soon as possible. The delay led to a false market in Photo-Me’s shares for 44 days...
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Regulatory Reform - FSA will cease to exist in its current form
16 June 2010
In his first Mansion House speech, Chancellor George Osborne set out the Coalition Government’s plans to reform financial services following the financial crisis...
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Investors Want Greater Transparency On Boardroom Pensions
15 June 2010
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Takeover Panel Consults on Significant Changes to the City Code
1 June 2010
The Code Committee of the Takeover Panel has published a consultation paper as part of its review into certain aspects of the regulation of takeover bids. The review has been undertaken in response to widespread commentary on recent bids...
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Survey: Consultants do not provide adequate guidance to clients on social media
31 May 2010
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FRC modifies UK Corporate Governance Code
28 May 2010
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FRC Issues New Corporate UK Governance Code
28 May 2010
The Financial Reporting Council (FRC) has introduced changes to the UK Corporate Governance Code – formerly known as the Combined Code. The main changes are a clearer statement of the board’s responsibilities relating to risk, a greater emphasis on the importance of getting the right mix of skills and experience on the board, and a recommendation that all directors of FTSE 350 companies be put up for re-election every year...
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Executive Alert - NIRI-Korn/Ferry International IR Compensation Survey
19 May 2010
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ABC April figures: Circulations of Independent on Sunday, Daily Star rise
14 May 2010
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