FCA: Insider dealing/money laundering convictions
FCA reports on convictions against two individuals who will be sentenced on 4 July 2025. Redinel Korfuzi worked as a research analyst at an asset management firm and conspired with his sister, Oerta Korfuzi, to use confidential information to deal in the shares of at least 13 companies ahead of market announcements. They were also convicted of money laundering, making 176 cash deposits totalling £198,210. The source of the cash was unrelated to the insider dealing with which they were charged. Trades were executed through accounts held by Redinel Korfuzi’s sister’s personal trainer and his partner – they were acquitted of all charges.
Last updated · 13 Mar 2026
Regulatory News - Financial Services & Regulation
See allThe Credit Institutions and Investment Firms (Miscellaneous Definitions) (Amendment) Regulations 2026/480
This SI relates to the restatement of certain UK CRR Articles considered necessary for the effective operation of the regulatory perimeter, overseas recognition regimes and other legislation. (Date in force: 1 January 2027)
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FCA: Cryptoasset firms can request pre-application meetings from 11 May 2026
FCA has announced that cryptoasset firms preparing for the new FSMA regime will be able to request a pre-application meeting with via PASS from 11 May 2026. The pre-application meetings will take place from July 2026 and will be scheduled as requests come in.
FCA: Speech by Nikhil Rathi: A reform-minded regulator
Text of Nikhil Rathi’s speech of 30 April 2026 follows in which he discusses FCA’s regulatory approach.
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FCA: PS26/7: Progressing fund tokenisation
Further to CP25/28, in which FCA proposed new guidance to support firms seeking to launch tokenised authorised funds in the UK using the industry‑led Blueprint model and rules to introduce a new direct dealing model for all authorised funds to promote fund efficiency and aid tokenisation models, this PS sets out feedback and the rules and guidance. It also sets out how fund tokenisation could develop over time as part of FCA’s roadmap for digital assets.
FCA: Market Watch 85
This edition of Market Watch considers how the Economic Crime and Corporate Transparency Act 2023 can help firms share customer information to fight economic crime.
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