FSA fines Barclays £59.5 million for significant failings relating to LIBOR and EURIBOR | Practical Law
The FSA has fined Barclays Bank plc £59.5 million for breaching Principles 2, 3 and 5 of the FSA's Principles for Businesses through misconduct relating to its submission of rates that formed part of the London Interbank Offered Rate (LIBOR) and Euro Interbank Offered Rate (EURIBOR) setting processes.