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LIBOR

Asked by Iqbal MohamedIndependentAttorney GeneralTabled Answered 3 July 2026UIN 13392

The question

To ask the Solicitor General, what procedures were in place during LIBOR investigations to assess the role of senior executives when deciding the scope of criminal inquiries.

Answered by Ellie Reeves

The SFO’s investigations into Libor were conducted in line with accepted principles for investigating criminal cases. SFO case teams have access to detailed internal guidance to ensure a consistency of approach on its cases and decisions to charge are the responsibility of the Director in accordance with the Code for Crown Prosecutors.

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