FCA fines / 2014 / Lloyds Bank plc and Bank of Scotland plc

Lloyds Bank plc and Bank of Scotland plc FCA fine

RegActions records a disclosed FCA monetary penalty of £105,000,000 dated 28 Jul 2014 for Lloyds Bank plc and Bank of Scotland plc.

Case facts

Firm or individualLloyds Bank plc and Bank of Scotland plc
RegulatorFinancial Conduct Authority (FCA)
Date28 Jul 2014
Penalty£105,000,000
RegActions breach classificationMARKET_ABUSE
Public case ID24f44ab0-2287-44d7-b113-b34a02923388

Case summary

For serious misconduct relating to the Special Liquidity Scheme (SLS), the Repo Rate benchmark and the London Interbank Offered Rate (LIBOR).

Official evidence

Open the official FCA source

This page meets the public case-page evidence threshold.

Continue your research

Scope

This page describes one source-linked monetary record. RegActions excludes non-monetary outcomes and amounts awaiting review from FCA fine totals. The FCA publication remains the authoritative source.