What is the aim of the FCA's insider dealing rules?

The aim of the FCA's insider dealing rules is primarily to prevent non-public trading. These rules are designed to maintain the integrity of financial markets by prohibiting individuals with access to material non-public information about a company from trading its securities or advising others to do so. This helps ensure a level playing field, where all investors have equal access to important information that can affect their investment decisions.

By enforcing these regulations, the FCA seeks to build trust in the financial system and safeguard market confidence. When insider dealing occurs, it undermines public confidence in the fairness of markets and can lead to significant reputational and financial harm for the entities involved and the market as a whole. Therefore, the focus on preventing non-public trading is critical to the functioning of fair and efficient capital markets.