A former analyst at asset manager Janus Henderson has been charged, along with four others, with conspiracy to commit insider dealing and money laundering from which they pocketed £1.5m.

The Financial Conduct Authority has secured a £1.6m confiscation order against Richard Baldwin who absconded during his trial and conviction for money laundering in 2017.

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.