Stop Press: FCA reports increase in insider dealing

According to the City watchdog, there were 739 reports made to the FCA in 2012, compared to 1035 reports during the course of 2013.

Mark Spiers, head of wealth management at financial services regulatory consultancy Bovill, said that the increase may be partly down to investment banks and brokers becoming better at spotting insider trading.

He said that businesses have to make reports of any suspicious transactions as part of their regulatory obligations.

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However, the suspicious transaction reports that relate to “the misuse of information”, or insider dealing, have increased rapidly over the last five years, Bovill research has found.