On October 28, 2014, the UK’s Serious Fraud Office (“SFO”) announced that it has issued criminal proceedings against Noel Cryan, a former employee at Tullett Prebon Group Ltd, for the manipulation of LIBOR, which brings the number of individuals facing charges brought by the SFO for LIBOR manipulation to thirteen.

The SFO press release is available at: http://www.sfo.gov.uk/press-room/latest-press-releases/press-releases-2014/libor-investigation-further-charge-.aspx.