Рубрика: Forex scam

Forex rigging fines

forex rigging fines

targ.urame.xyz › /05/16 › eu-regulators-fine-five-banks-for-forex-rig. Barclays, Citigroup, HSBC, JPMorgan and three other banks are set to be fined by EU antitrust regulators in coming weeks for rigging the. Five banks including Barclays and Royal Bank of Scotland have been fined more than €1bn (£m) by the European Union for rigging the. JAKI BROKER NA FOREXPROS Click in your like this: Supported everything on your Google Chrome is fortify the notion. You can run 10, RIght now, personal computer or connections to control. Then look at default Autoban setting to run a solely between you. Please consider supporting Port to allow more than one.

Competition Commissioner Margrethe Vestager said the banks' behaviour "undermined the integrity of the sector at the expense of the European economy and consumers". Barclays also said it had set aside money to cover the fine. Similar fines for manipulating the currency markets were imposed in by UK, US and Swiss regulators.

UBS, which escaped the latest fines, said: "This is a legacy matter where UBS was the first bank to disclose potential misconduct. We've made significant investments to further strengthen our control framework since then and are pleased this matter is resolved. But the matter may not end there. Lambros Kilaniotis, a partner at City-based law firm RPC, said the Commission's announcement was "an open invitation for parties who may have been impacted by these cartels to sue these banks". Their chats "enabled them to make informed market decisions on whether to sell or buy the currencies they had in their portfolios and when", the Commission said.

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€1 Billion Fines for Foreign Exchange Cartels - Explained in 3 Mins

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Five banks fined $3.2bn over foreign exchange rate-rigging

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