Antitrust Antitrust

Credit Suisse files court challenge against EU’s forex cartel fine

By Lewis Crofts
  • 21 Feb 2022 03:13
  • 21 Feb 2022 03:24
Credit Suisse has started litigation at the EU courts to overturn a fine of 83 million euros ($94 million), levied for its role in a cartel on the forex spot-trading market.

In December, the European Commission imposed a total of 344 million euros in sanctions on UBS, Barclays, RBS, HSBC and Credit Suisse.

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Lewis Crofts

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Lewis leads MLex's editorial strategy, content direction, quality and development. He has a reputation for breaking stories and providing analysis on complex legal disputes before regulators and courts around the globe. He has also developed MLex's unrivalled coverage of competition policy, litigation, regulation, Brexit and international investigations.

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