In The News

European Commission fines Barclays, RBS, Citigroup, JPMorgan and MUFG €1.07 billion for participating in foreign exchange spot trading cartels

The European Commission has fined five banks for taking part in two cartels in the spot foreign exchange market for 11 currencies - Euro, Sterling, Japanese Yen, Swiss Franc, US, Canadian, New Zealand and Australian Dollars, and Danish, Swedish and Norwegian crowns. Click here.

UK

Courts

  • The Competition Appeal Tribunal has granted permission to the CMA to appeal against the Tribunal’s ruling on costs in the Pfizer/Flynn case. Click here.