i-law

Compliance Monitor

Ex-Janus Henderson analyst faces insider dealing and money laundering charges

A former analyst at asset manager Janus Henderson and four other individuals are to appear in Southwark Crown Court in February facing FCA conspiracy proceedings on trading in 49 different companies.

The Financial Conduct Authority alleges that Redinel Korfuzi passed on confidential inside information from his role to the other four. Profits of about £1.5 million were then made by using contracts for difference in which they bet that the value of shares would go down after formal announcements affecting profits were released by the companies.

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