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Barclays will pay $4m to settle CFTC charges over swap reporting

Image of Barclays insignia and logo in Times Square, NYC.
Photo: GRIP Files

Julie DiMauro

3 min read
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Significant cooperation and remediation resulted in a reduced civil fine for the firm.

Barclays Bank PLC has agreed to pay a $4m fine to resolve a regulator’s claims over its admitted violations of swap-reporting regulations.

The CFTC said Barclays failed to correctly or timely report more than five million swap transactions between 2018 and 2023.

“This resolution, which also includes admissions, reflects the division’s ongoing

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