News Column

PRESS: UK Serious Fraud Office Readies Forex Trading Probe - FT

July 20, 2014

Samuel Agini

LONDON (Alliance News) - The UK's Serious Fraud Office is preparing a criminal investigation into the alleged rigging of the foreign-exchange market, the Financial Times reported online on Sunday.

The UK's main anti-fraud agency could announce a formal investigation before the end of July, the newspaper reported, citing people familiar with the situation.

According to the FT, the SFO said: "We are receiving and examining complex data on this topic. If and when we open a criminal investigation, that decision will be announced in the usual way."

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Source: Alliance News

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