Weer Rabobank trader in de ban

30 juli 2015

De Britse toezichthouder FCA meldt dat de voormalige Rabobank trader Lee Stewart in de ban is gedaan. Hij was al eerder betrokken bij het LIBOR schandaal in de USA en aldaar schuldig bevonden.

In dit verband zei de Britse toezichthouder Georgina Philippou, acting director of enforcement and market oversight at the FCA, (zie foto) het volgende: “Mr. Stewart was an experienced trader at Rabobank who, through his guilty plea, has admitted to participating in a criminal conspiracy to manipulate Libor over a prolonged period of time. His behaviour was inexcusable and very serious. This ban further reinforces our expectation that individuals and firms take responsibility for ensuring market integrity and reminds them of the consequences if they fall short of our standards.”
Al eerder werd een andere Rabobank trader, Paul Robson, door de Britse Financial Conduct Authority in de ban gedaan.

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