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Violation Tracker UK Individual Case

Company: Martin Brokers (UK) Ltd
Penalty: £630,000
Year: 2014
Date: 15 May, 2014
Offence Group: competition-related offences
Offence Type: interest rate benchmark manipulation
Violation Description: Martin paid a £630,000 fine in settlement of a finding by the FCA that the company colluded with a trader at UBS to manipulate LIBOR by providing inaccurate information, creating false trading orders and requesting specific LIBOR submissions from certain Panel Banks.
Action Type: agency action
Settlement Type: settlement of FCA Decision
Agency: Financial Conduct Authority
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