UK watchdog terminates proceedings against Tom Hayes
The FCA has revoked Carlo Palombo’s ban from the financial services industry and is ending its action against Tom Hayes.
The FCA has revoked Carlo Palombo’s ban from the financial services industry and is ending its action against Tom Hayes.
The Serious Fraud Office (SFO) has issued a statement following the Supreme Court judgment regarding Tom Hayes and Carlo Palombo.
The UK Supreme Court today quashed the convictions of Tom Hayes and Carlo Palombo, who stood accused of manipulating LIBOR and EURIBOR (respectively).
Capitolis has successfully completed its run of multilateral exercises to transition legacy USD LIBOR-referenced swaptions to vanilla SOFR replacements.
All 35 LIBOR settings have now permanently ceased, the UK Financial Conduct Authority (FCA) has confirmed.
The UK Financial Conduct Authority (FCA) today issued its final announcement about the forthcoming end of LIBOR.
Deutsche Bank and Matthew Connolly have agreed to dismiss the malicious prosecution lawsuit brought by the former trader.
ICE Benchmark Administration Limited (IBA), the administrator of LIBOR, has provided an update regarding the cessation of sterling LIBOR.
It is now one month until the 3-month synthetic sterling LIBOR setting ceases permanently on 28 March 2024.
Matthew Connolly brought this lawsuit against Deutsche Bank alleging malicious prosecution.