TITLE

The AIT ruling shows how seriously the courts take offences against the financial markets

AUTHOR(S)
Burger, Richard
PUB. DATE
October 2005
SOURCE
Lawyer;10/31/2005, Vol. 19 Issue 42, p18
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Comments on the effort of the British Financial Services Authority (FSA) in the first criminal prosecution under Section 397 of the Financial Services and Markets Act 2000. Reference of the trial of former executives Carl Rigby and Gareth Bailey of software company AIT; Criticism on the failure of the FSA to secure convictions for more serious offense; Implication of the case on the directors of listed companies.
ACCESSION #
18802658

 

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