Tag: LIBOR rigging

May 28, 2021 BY Steffy Bogdanova

EU imposes €6.45 million fine on ICAP for yen cartel

The EU competition enforcer said in a statement: Today’s decision, correcting the procedural error and including a detailed reasoning on the fine calculation, imposes fines on the three entities of ICAP having participated in the five infringements at the time. The ruling from 2015 accused ICAP of Libor rigging the yen in several cartels with…

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