FCA secures sentencing in insider dealing case involving West brothers
The Financial Conduct Authority (FCA) has secured the sentencing of Matthew West and Nikolas West for insider dealing offences with confiscation orders totalling over £280,000, reflecting the full value of the shares traded through criminal conduct, not just the profit made ( adjusted for inflation under the Proceeds of Crime Act 2002). The pair were also given suspended prison sentences—15 months for Matthew and ordered to complete 200 hours of unpaid work, and six months for Nikolas.