Wrongdoing or corruption Flashcards
regulate
to control an activity, process, or industry officialy by using rules
market abuse
a statutory offence which covers insiders trading and stoch market manipulation
wrongdoing
behaviour that is illegal or not moral
wrongdoers
people whose behaviour is illegal or not moral
insider dealing/trading
when someone buys or sells securities using information tha tis nog publicly available
chinese walls
measures that financial institutions take in order to stop knowledge in one department begin used by another department to buy or sell shares
price fixing
a group of companies in the same market secretly agree to set prices at a certain level so that they do not have to compete with each other
market rigging
a group of investors working together to stop a financial market functioning as it should, to gain an advantage for themselves
financial crimes
crimes against property, involving the unlawful conversion of the ownership of property (belonging to one person) to one’s own personal use and benefit
banned or barred
prevent for continuing in theri jobs
fined
made to pay a sum of money
prison
an instituition where people are kept as punishment for commiting a crime
bribe
an illegal payment to persuade someone to do something/ informal: kickback/sweetener/backhander
corruption
make or except illegal payments
fraud squad
a part of the british police force that deals with fraud
counterfeited
to make an illegal copy of a bank note product, ticket etc
conterfeiting or forgery
the crime of making copies of valuable documents or works of art in order to make money by selling them
fake
not real
fraud
the crime of obtaining money from someone by tricking them
identity theft
where the criminal uses another person’s details
embezzle
to steal money that people trust you to look after as part of your work
scam
a dishonest plan, especially for getting money
rackets
illegal activities for making money
laundering
hiding the illegal origin of money
