Gisela Stuart – 2016 Parliamentary Question to the HM Treasury

The below Parliamentary question was asked by Gisela Stuart on 2016-09-14.

To ask Mr Chancellor of the Exchequer, how much his Department has (a) collected in Libor fines since May 2015 and (b) expects to collect in Libor fines in each of the next three years.

Simon Kirby

1. In this Parliament the Financial Conduct Authority (FCA) has transferred £511 million of LIBOR fines to the Treasury. The Treasury is unaware of any potential future receipts, which are a matter for the FCA.