News

Huge £3.8m Confiscation Order Against Rogue Day Trader

In a case brought by the Financial Conduct Authority (FCA) and heard at Southwark Crown Court, Her Honour Judge Korner, CMG, QC made a consent confiscation order totalling £3,893,964.82 to be paid by Walid Choucair. […]

Insurance & Reinsurance

Mercer Advises on UBS Pension Scheme Longevity Swap

Mercer acts as the lead commercial and investment adviser to the Trustee of the UBS (UK) Pension and Life Assurance Scheme (the “Scheme”) as the scheme enters into £1.4 billion longevity hedge. The swap covers roughly £1.4 billion […]

Legal

Fraud: Dodgy Compliance Officer Convicted After FCA Investigation

Fabiana Abdel-Malek was sentenced to 3 years’ imprisonment and Walid Choucair sentenced to 3 years’ imprisonment recently, in respect of five offences of insider dealing. Fabiana Abdel-Malek and Walid Anis Choucair were each convicted  following […]