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 individual | Lloyds Bank plc and Bank of Scotland plc |
|---|---|
| Regulator | Financial Conduct Authority (FCA) |
| Date | 28 Jul 2014 |
| Penalty | £105,000,000 |
| RegActions breach classification | MARKET_ABUSE |
| Public case ID | 24f44ab0-2287-44d7-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
This page meets the public case-page evidence threshold.
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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.