What is the Libor scandal?

The Libor scandal involved the manipulation of the London Interbank Offered Rate (Libor), which is the average interest rate at which major global banks lend to one another. It led to significant legal and financial repercussions for those involved.

What is the Financial Conduct Authority (FCA)?

The Financial Conduct Authority (FCA) is a regulatory body in the UK responsible for overseeing financial markets and protecting consumers. It ensures that financial firms operate fairly and transparently.

What is interest rate rigging?

Interest rate rigging refers to the illegal manipulation of interest rates by banks or financial institutions to benefit their trading positions, often leading to significant market distortions.

What is a court ruling?

A court ruling is a decision made by a judge or court regarding a legal case. It can determine the outcome of disputes, including those involving financial regulations and penalties.

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Home > Finance > UK regulator drops cases against Libor scandal traders after court ruling

Finance

UK regulator drops cases against Libor scandal traders after court ruling

Published by Global Banking & Finance Review®

Posted on July 25, 2025

1 min read

Last updated: January 22, 2026

UK regulator drops cases against Libor scandal traders after court ruling - Finance news and analysis from Global Banking & Finance Review

UK regulator drops cases against Libor scandal traders after court ruling

Quick Summary

UK Regulator Ends Cases Against Traders Involved in Libor Scandal

Outcome of the Libor Scandal Cases

Background on Tom Hayes

FCA's Decision Explained

Key Takeaways

Frequently Asked Questions about UK regulator drops cases against Libor scandal traders after court ruling