Lloyd's Law Reporter Financial Crime
Hayes v Financial Conduct Authority
Upper Tribunal (Tax and Chancery Chamber), [2017] UKUT 0423 (TCC), Judge Timothy Herrington, 25 September; 24 October 2017
Conspiracy to defraud - Strike-out application - Stay application - Privacy application
Mr Hayes was convicted of offences of conspiracy to defraud at Southwark Crown Court on 3 August 2015 and was sentenced to 14 years' imprisonment (reduced to 11 years on appeal). The offences concerned manipulation of Yen LIBOR.