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Violation Tracker Individual Record

Company: Barclays PLC
Current Parent Company: Barclays
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Penalty: $200,000,000
Year: 2012
Date: June 27, 2012
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Secondary Offense: interest rate benchmark manipulation
Mega-Scandal: Benchmark Manipulation
Violation Description: The U.S. Commodity Futures Trading Commission settled charges against Barclays PLC, Barclays Bank PLC and Barclays Capital Inc. concerning attempts to manipulate and false reports relating to two global benchmark interest rates, LIBOR and Euribor, on numerous occasions and sometimes on a daily basis over a four-year period, commencing as early as 2005.
Level of Government: federal
Action Type: agency action
Agency: Commodity Futures Trading Commission
Civil or Criminal Case: civil
HQ Country of Current Parent: United Kingdom
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: financial services
Specific Industry of Current Parent: banking
Source of Data: (click here)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.