Barclays to pay $4 million to settle US CFTC charges over swap reporting

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Barclays to pay $4 million to settle US CFTC charges over swap reporting

Tue, Oct 1, 2024 0 Comments

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(Reuters) – The U.S. Commodity Futures Trading Commission on Tuesday said Barclays Bank PLC will pay $4 million to settle charges related to swap reporting.

Barclays, which is registered with the CFTC as a swap dealer, failed to correctly or in a timely way report more than 5 million swap transactions from 2018 through 2023, the regulator said in a statement.

(Reporting by Rami Ayyub)

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Barclays to pay $4 million to settle US CFTC charges over swap reporting

(Reuters) – The U.S. Commodity Futures Trading Commission on Tuesday said Barclays Bank PLC will pay $4 million to settle charges related to swap reporting. Barclays, which is registered with the CFTC as a swap dealer, failed to correctly or in a timely way report more than 5 million swap transactions from 2018 through 2023, […]

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