UK FCA Revokes Bans for Four Individuals Involved in LIBOR/EURIBOR Manipulation Cases
The UK Financial Conduct Authority (FCA) has stated that, following the recent overturning of related convictions by the Court of Appeal, it has withdrawn its prohibitions against Colin Bermingham, Philippe Moryoussef, Jonathan Mathew, and Christian Bittar, and removed the corresponding final notices from its channels. The FCA will not take any further action against these individuals. Previously, the FCA had ceased its proceedings against Tom Hayes last year and, following the Supreme Court's quashing of Carlo Palombo's criminal conviction, had withdrawn its prohibition against Palombo.
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