The Financial Conduct Authority has begun criminal proceedings against a former Janus Henderson analyst and four other individuals for conspiracy to commit insider dealing and money laundering.

The FCA alleges that Redinel Korfuzi used confidential inside information that he was privy to while an analyst at Janus Henderson to "enable timely and profitable trading" in 49 companies through accounts held by his co-conspirators — Oerta Korfuzi, Iva Spahiu, Rogerio de Aquino and Dema Almeziad.