UK:
Serious Fraud Office Issues Criminal Proceedings In Relation To LIBOR Manipulation
19 November 2014
Shearman & Sterling LLP
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On October 28, 2014, the UK's Serious Fraud Office
("SFO") announced that it has issued criminal proceedings
against Noel Cryan, a former employee at Tullett Prebon Group Ltd,
for the manipulation of LIBOR, which brings the number of
individuals facing charges brought by the SFO for LIBOR
manipulation to thirteen.
The SFO press release is available at:
http://www.sfo.gov.uk/press-room/latest-pressreleases/press-releases-2014/libor-investigation-further-charge-.aspx.
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