“Bringing a prosecution was always going to be challenging, and the recent failed Libor prosecutions underline the difficulty when it comes to persuading a jury.”
Abdul also pointed out that the SFO’s decision “isn’t directly relevant to potential civil claims, although active prosecutions would have given encouragement to those looking to claim damages. Regulatory actions against individuals are no doubt in the pipeline.”
Abdul’s comments were published in The Times Law Brief, here, and New Law Journal, here.
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