GLOBAL BENCHMARK MANIPULATION TRACKER
The daily worldwide tracker of penalties for financial benchmark manipulation
Information provided by the Banking and Financial Disputes group at Collyer Bristow LLP
UBS
2014
Financial Conduct Authority
UK – Financial Conduct Authority – fines Citibank; HSBC; JP Morgan Chase; RBS and UBS £1.1 billion for manipulation of Forex rates
Commodity Futures Trading Commission
US – Commodity Futures Trading Commission – fines Citibank; HSBC; JP Morgan Chase; RBS and UBS a total of $1.4 bilion for manipulation of Forex rates
2013
European Commission
European Commission – fines Barclays Citigroup, Deutsche Bank J.P. Morgan, RBS, R.P. Martin, Société Générale and UBS €1.49 billion for LIBOR and Euribor manipulation
Department of Justice
US – Department of Justice – fines UBS $550 million for manipulation of Libor
2012
Commodity Futures Trading Commission
US – Commodities Futures Trading Commission – fines UBS $700 million for manipulation of LIBOR, EURIBOR and Euroyen TIBOR
Financial Services Authority
UK – Financial Services Authority – fines UBS £160 million for manipulation of LIBOR and EURIBOR
Financial Market Supervisory Authority
Switzerland – Financial Market Supervisory Authority (FINMA) – orders UBS to disgorge CHF 59 million profits in relation to manipulation of LIBOR