Search results
Jun 27, 2024 · Described by one senior Conservative figure, Baroness Ruth Davidson, as akin to political “insider trading”, allegations that some party officials placed bets on the date of the election...
Jun 21, 2024 · People with connections to UK Prime Minister Rishi Sunak are being investigated by the Gambling Commission, reportedly over allegations they placed bets on an election being called on July 4,...
Jun 21, 2024 · Is betting on an election date illegal? No, but betting with insider knowledge is. British bookmakers allow bets on everything from sports to politics, and the timing of an election is a popular bet.
- Jessica Riga
Jun 20, 2024 · What offences might have been involved? Betting using inside information is potentially a breach of Section 42 of the Gambling Act, which covers the offence of “cheating” and can carry a...
Jun 21, 2024 · Is it illegal to use inside information? The law makes plain that a person found guilty of using inside information to bet could be considered to be cheating, which is covered under the...
Feb 25, 2024 · The FCA currently has 17 insider dealing investigations open, compared with 22 in 2022 and 14 in 2021, according to data provided by the agency. The regulator has had a mixed record on pursuing...
Apr 17, 2023 · A person can be guilty of insider dealing in listed UK securities under MAR even if the conduct occurs outside the UK. The Order will enter into force 21 days after the day on which it is made, which on current Parliamentary timetables is likely to be during Q3 2023.
