FCA forex probe to go public in 12 months’ time

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The UK Financial Conduct Authority's (FCA) investigation into FX benchmark manipulation could reach its final, public stages in a year's time at the earliest, according to one legal expert.

"The FCA investigations are likely to involve the regulators in very considerable work, mainly in data analysis and interviews, with the level of work increased by the fact that a number of other agencies are also involved," says Adam Epstein, an FCA defence partner at Mishcon de Reya, a leading law firm in

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