Violation Tracker Individual Record

Company: 
Royal Bank of Scotland plc
Current Parent Company: 
Royal Bank of Scotland
Penalty: 
$325,000,000
Year: 
2013
Date: 
February 6, 2013
Primary Offense: 
interest rate benchmark manipulation
Violation Description: 

The U.S. Commodity Futures Trading Commission announced an Order against The Royal Bank of Scotland plc and RBS Securities Japan Limited settling charges of successful manipulation, attempted manipulation, and false reporting relating to the LIBOR interest rate benchmark.

Level of Government: 
federal
Action Type: 
agency action
Agency: 
Commodity Futures Trading Commission
Civil or Criminal Case: 
civil
HQ Country of Parent: 
Scotland
Ownership Structure of Parent: 
publicly traded
Major Industry of Parent: 
financial services
Specific Industry of Parent: 
banking & securities
Source Notes: 
If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Parent company note: 
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.