A former executive at Wizz Air (W6, Budapest) has been fined by the United Kingdom’s Financial Conduct Authority (FCA) for failing to disclose trades in company shares during a restricted period before the airline filed financial statements in 2019 and 2020, the regulator said in a press release.

András Sebők, who worked at Wizz Air as a chief supply chain officer, received a fine worth GBP123,500 pounds (USD157,300) for his conduct. The sum includes a 30% discount that was granted to him after he agreed to settle the matter with the…

Source: ch aviation
Read more: Former Wizz Air exec fined over failure to disclose trades