Overview
On December 15, 2022, Reuters quoted Zoe Osborne in a piece titled "UK watchdog narrows dividend-stripping investigation." The article discusses the UK's market watchdog, the Financial Conduct Authority (FCA) investigation into cum-ex trading, a scheme reported to have defrauded billions of euros from state treasuries across Europe. Commenting on the UK's appetite for conducting criminal inquires in relation to the scheme, Osborne said "There has been an inertia by British agencies in relation to cum-ex."
The full article can be read at Reuters.