Three London-based men have been arrested on suspicion of insider dealing, conspiracy to insider deal and money laundering linked to organised crime.

An ex-employee of Goldman Sachs is one of two brothers that face criminal proceedings for insider dealing and fraud.

Crimes including illegal drug possession, fraud, insider dealing and theft saw seven people barred from the FCA’s register over the last year.

A court has today ordered confiscation of more than £1.5m from a pair of convicted insider dealers.