WPP approaches FCA to confirm compliance with insider information laws

WPP has reached out to the Financial Conduct Authority (FCA) in order to ascertain whether it is in breach of rules surrounding insider information, in a case relating to a sum of company money allegedly misused by Sir Martin Sorrell.
Reports in the Guardian suggest that the regulatory body was contacted by the advertising giant to confirm it had acted in accordance with the law after it called a halt to its investigation as part of an agreement with Sorrell who went on to quit the company.