CMA reaches settlement with banks in competition case

News Competition Sanctions & Fines

Date: 21st Feb, 2025 Source: Competition and Markets Authority Country: United Kingdom Original Source

Brief

On February 21, the Competition and Markets Authority (CMA) issued an update regarding CMA reaches settlement with banks in competition case. The authority reached a settlement with four major banks - Citi, HSBC, Morgan Stanley, and Royal Bank of Canada - over the sharing of sensitive information about UK government bonds, known as gilts, between 2009-2013.

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Competition and Markets Authority

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CMA reaches settlement with banks in competition case

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CMA reaches settlement with banks in competition case

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