Financial watchdog probes allegations of insider trading at Carillion

By Jordan Marshall2018-06-28T09:28:00

The FCA is also looking at the timing of the firm’s profit warnings

The Financial Conduct Authority has confirmed it is looking into claims of insider dealing at Carillion.

The financial watchdog has written to MPs running the inquiry into the circumstances behind the collapse of the contractor in January this year.

It said: “Our investigation is into the timeliness and content of the firm’s announcements. Our primary focus Is to determine whether the matters announced in Carillon’s trading update on 10 July 2017 were identified and announced at the appropriate time.”

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