All LIBOR scandal articles

  • SFO building

    SFO closes long-running LIBOR manipulation investigation


    The U.K. Serious Fraud Office has closed its investigation into manipulation of the London Interbank Offered Rate (LIBOR), ending a probe that began more than seven years ago.

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    LIBOR death knell tolls compliance, accounting issues


    The slow death of a critical benchmark interest rate will produce a series of compliance headaches for companies stretching over the next few years.

  • Blog post

    Barclays will pay states $100 million for LIBOR manipulation


    Barclays will pay $100 million as part of a 44-state settlement “for fraudulent and anticompetitive conduct” involving manipulation of the LIBOR benchmark interest rate.

  • Blog post

    Five LIBOR Defendants Acquitted


    A jury at Southwark Crown Court has found five individuals not guilty of conspiracy to defraud in connection with the U.K. Serious Fraud Office’s ongoing criminal investigation into the manipulation of LIBOR. The SFO alleged that all six conspired with Tom Hayes, who was convicted after trial and sentenced last ...

  • Blog post

    U.K. Serious Fraud Office: ‘Why Engage At All?’


    At a recent anti-bribery forum in London, Ben Morgan, joint head of bribery and corruption for the Serious Fraud Office, spoke about companies that have been prosecuted and investigated for bribery and corruption. Morgan pointed out that while no legislation is on the horizon to reward whistleblowers financially, ...

  • Blog post

    The Current State of the U.K.’s Serious Fraud Office


    Image: Britain’s Serious Fraud Office appears to be under intense pressure, amid the announcement that another part of the government, led by International Development Secretary Justine Greening, is launching a new specialized anti-corruption unit to investigate cases of international corruption affecting developing countries. While the SFO achieved a significant victory ...