FX class action case to go ahead on opt-in basis

Firms will have to sign up to US-style class action against six banks accused of FX manipulation in UK


The UK’s Competition Appeal Tribunal has decided to allow a class action lawsuit to continue against six banks accused of manipulation of foreign exchange trades – though firms will have to sign up to be included as part of the class and will not be added automatically.

Barclays, Citi, JP Morgan, NatWest Markets, Royal Bank of Scotland and UBS have been accused of manipulating spot FX trades between 2007 and 2013.

The three-person tribunal has been deliberating since mid-July on whether to

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to copy this content. Please contact info@fx-markets.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to FX Markets? View our subscription options

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: