Schemes urged to sue over FX rigging following FCA fines

Stephanie Baxter
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Schemes that lost money through manipulation of the foreign exchange (FX) markets can start filing lawsuits following a regulatory decision to fine several banks, according to a lawyer.

The Financial Conduct Authority (FCA) announced yesterday it had issued fines worth £1.1bn against a string of banks after an investigation into the $3trn (£1.9trn) market (PP Online 12 November). ...

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