Compliance Monitor
News
Barclays’ LIBOR compliance lacuna
Barclays reached a settlement that sees it paying $450m to US and UK regulators because of its role in the LIBOR and EURIBOR
manipulation scandal. The FSA has imposed a £59.5m fine – its largest ever – while in the States the Commodity Futures Trading
Commission and the Department of Justice set $200m and $160m penalties respectively.