The revelation from the Guardian means that Williams, the former Conservative MP for Montgomeryshire who is standing in the new seat of Montgomeryshire and Glyndŵr, will now face questions about what he knew and when.
What is inside information?
In finance, insider information refers to any fact that the wider world doesn't know about and that could be used improperly for financial gain. For instance, if a senior employee at a company knows their business is about to be taken over, they could buy shares, or encourage a family member to do so, in anticipation of making a profit. Insider trading is a criminal offence in every major economy.
The betting world takes a similar approach. Regulations set down by the Gambling Commission state that inside information is anything "known by an individual ... as a result of their role in connection with an event and which is not in the public domain".
This applies to sports betting and also "activity related to a nonsporting event on which bets can be placed".
Is using inside information illegal?
هذه القصة مأخوذة من طبعة June 14, 2024 من The Guardian.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة June 14, 2024 من The Guardian.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
West Ham look to Conceicao as Lopetegui pressure grows
West Ham are considering Sergio Conceicao as a replacement for Julen Lopetegui, whose future as manager is under growing pressure after his team's 5-2 defeat at home against Arsenal last Saturday.
Van Nistelrooy's 'hurt' New Leicester manager stung by his enforced United exit
New Leicester manager stung by his enforced United exit
'So far so good' Coach perfect fit for Reds, says captain
Virgil van Dijk believes Liverpool found the \"perfect match\" for their tight-knit, experienced squad when appointing Arne Slot as Jürgen Klopp's successor.
Definitely maybe: Slot looks imperious at Anfield but could Guardiola be forced from Etihad?
Perhaps the most extraordinary aspect of Sunday afternoon at Anfield was how ordinary it all felt. Everybody came for something apocalyptic and what they got was a league game that felt like pretty much any other league game in which Liverpool beat a side who aren't as good as them.
Van Dijk still Liverpool's spirit animal as City's decay deepens
Imperious defender is central to Slot's success and makes a stark contrast to Haaland's struggles in City's attack
Yoro in line for overdue Manchester United debut
Ruben Amorim has revealed \"special talent\" Leny Yoro could make his Manchester United debut at Arsenal tomorrow evening.
Saudi Arabia seals more than 900 sponsor deals amid World Cup drive
Saudi Arabia has struck more than 900 sponsorship deals across the sporting landscape and made dozens of formalised agreements with football federations as it prepares for a controversial coronation to host the 2034 World Cup.
Wiegman ready to make Lionesses 'uncomfortable' in Euro 2025 push
Sarina Wiegman says she has wanted England's players to feel uncomfortable so they can learn new things before Euro 2025.
Amorim's FA Cup bow comes at Arsenal in 2005 final rerun
The FA Cup holders Manchester United enter the fray at next month's third-round stage with a visit to the record 14-time winners Arsenal, in a repeat of the 2005 final.
All Women's Championship matches to be streamed live
Every Women's Championship match will be streamed live on the league's YouTube channel from next season onwards, the Guardian can reveal.
