On 21 July 2015, the FCA released a final notice prohibiting Mr Lee Stewart, a former trader at Rabobank, from engaging in any regulated activity. The FCA’s prohibition follows Mr Stewart’s guilty plea to charges, brought by US Department of Justice (“DOJ”), of conspiracy to manipulate LIBOR. As a result, the FCA has found that the trader “lacks honesty and integrity and, therefore, is not fit and proper”.