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."


http://www.ft.com/cms/s/0/9bf0324e-1002-11e4-90c7-00144feabdc0.html#axzz381JxAw6h







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Source: Alliance News


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