LIBOR: Fines

(asked on 14th September 2016) - View Source

Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, how much his Department has (a) collected in Libor fines since May 2015 and (b) expects to collect in Libor fines in each of the next three years.


Answered by
 Portrait
Simon Kirby
This question was answered on 10th October 2016
  1. In this Parliament the Financial Conduct Authority (FCA) has transferred £511 million of LIBOR fines to the Treasury. The Treasury is unaware of any potential future receipts, which are a matter for the FCA.

Reticulating Splines