View more on these topics

FSA charges investment banker with insider dealing

The FSA has charged an investment banker and two associates with insider dealing.

Thomas Ammann, an investment banker, has been charged with three counts of insider dealing contrary to section 52 of the Criminal Justice Act 1993, and two counts of enouraging insider dealing.

Christina Weckwerth, who lives in Germany, has been also been charged with two counts of insider dealing while Jessica Mang has been charged with one count of insider dealing.

Ammann and Weckwerth have also been charged with one count of money laundering.

All three have been bailed to attend City of Westminster Magistrates Court on August 23.

The offences relate to trading in shares of Océ NV between February 2009 and November 2009.

The charges follow on from the arrests of Ammann and Mang last November.

The FSA has so far secured 10 convictions in relation to insider dealing. It is currently prosecuting 13 other individuals for insider dealing.


News and expert analysis straight to your inbox

Sign up


There is one comment at the moment, we would love to hear your opinion too.

  1. This must be the tip of the Giant Iceberg which most of us don’t see.

Leave a comment


Why register with Money Marketing ?

Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

News & analysis delivered directly to your inbox
Register today to receive our range of news alerts including daily and weekly briefings

Money Marketing Events
Be the first to hear about our industry leading conferences, awards, roundtables and more.

Research and insight
Take part in and see the results of Money Marketing's flagship investigations into industry trends.

Have your say
Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

Register now

Having problems?

Contact us on +44 (0)20 7292 3712

Lines are open Monday to Friday 9:00am -5.00pm