Ex-UBS Worker Tried To Use 'Newbie' Excuse, FCA Tells Jury
Law360, London (November 19, 2018, 9:00 PM GMT) -- A former UBS Group AG compliance officer accused of passing inside information to her day-trader friend told Financial Conduct Authority investigators she frequently accessed the investment bank's internal databases to educate herself because she was a "newbie" in the role, a London jury heard Monday.
Fabiana Abdel-Malek, who worked in UBS' London office after joining the bank as a graduate in 2007, is alleged to have repeatedly searched the bank's so-called global list system to find sensitive information on five potential takeover deals the bank was working on and improperly imparted the details to her friend Walid Choucair.
John McGuinness QC,...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!
Kirkland & Ellis LLP has redefined what it means to be the biggest of BigLaw — weighing in at 2,116 attorneys by year end 2018 and becoming the first firm since Law360 began tracking law firm head counts to top 2,000 U.S.-based attorneys.