Six individuals have been found not guilty of conspiracy to defraud in connection with SFO’s ongoing criminal investigation into the manipulation of LIBOR at Southwark Crown Court. SFO alleged that all six conspired with Tom Hayes to defraud, in that they agreed, upon instruction by Hayes, to influence the submissions of panel banks in the Yen LIBOR setting process. Three of the six are former employees at ICAP plc, two of RP Martin Holdings Limited and one of Tullett Prebon Group Ltd. A further trial of individuals charged with the manipulation of US Dollar LIBOR is scheduled to begin on 15 February, while a trial of individuals charged with the manipulation of the EURIBOR is scheduled to begin on 4 September 2017. (Source: LIBOR Defendants Acquitted)