The Sunday Times has reported that the Serious Fraud Office is about to begin an investigation into the alleged rigging of the foreign exchange markets by traders at big banks. Now that at it has been confirmed as a criminal investigation those traders who initially instructed employment experts will be looking for in criminal law expertise to assist them as the SFO investigations begin.

Richard Atkinson, our partner specialising in complex and serious cases has already been instructed by a number of traders to advise in relation to the FCA led enquiries at their individual banks and anticipates that further instructions will follow commenting that “This is likely to be a lengthy investigation involving complex areas of law concerning this largely unregulated market. With the knowledge already obtained from having advised some at an early stage we are well placed to give that assistance at what will undoubtedly be a very stressful time for those who get caught up in this.”

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