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Labour Party treasury minister “wants to see more arrests”

Law enforcement agencies in Britain are beginning to arrest individual traders who were employed by banks involved in the FX rate manipulation, with British government officials and city veterans calling for more arrests and criminal prosecutions

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FINMA takes multi-faceted action against UBS for FX rate manipulation

Swiss authorities have concluded that UBS acted improperly with regard to FX rate manipulation, ordering disgorgement of profits gained from fixing FX rates, as well as ordering UBS to automate its FX trading, removing the possibilities of human intervention and unlawful conduct

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