On 17 April 2015, Mr Cryan appeared before the Court to enter his plea of not  guilty  against  a charge of conspiracy to defraud in connection with the manipulation of LIBOR. The alleged offence took place between February and December 2009. The charge laid against Mr Cryan by the Serious Fraud Office was reported on 26 November 2014 in Volume 2, Issue 10 of the Fortnightly Financial Newsletter.