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FCA v. Guillaume Adolph (benchmark submission rigging, 2018)

Settled

Machine-extracted, pending human review. The structured fields on this page were parsed automatically from the regulator's own release, linked below. Read the primary document before relying on any figure here, and tell us if something is wrong.

In 2018, the Financial Conduct Authority settled an action with Guillaume Adolph, alleging conduct this library classifies as benchmark submission rigging. The release does not state a monetary figure that we were able to extract.

The record

Structured fields for this action, as recorded in our case library.
Agency FCA
Date filed 2018-02-15
Date resolved 2018-02-15
Status settled
Venue OTC
Criminal parallel No
Defendants Guillaume Adolph (individual)
Techniques Benchmark submission rigging

What was ordered

Civil penalty
Disgorgement
Prejudgment interest
Total relief
Alleged gain
Penalty as published
£180k

A dash means the release did not state a figure we could extract, not that the figure is zero. Penalty and disgorgement are stored separately so aggregates across the library do not double-count the same dollars. This regulator states penalties in GBP. The figure is recorded as published and is not converted, so it does not appear in the USD totals or medians used elsewhere on this site.

What is alleged to have happened

the Financial Conduct Authority announced this matter on February 15, 2018. The respondents named are Guillaume Adolph (1 individual, 0 entities).

This library tags the matter as benchmark submission rigging, based on the conduct the regulator describes. Each tag links to a page explaining how that technique works, what statute it engages, and what penalties comparable actions have attracted. The tagging is ours, not the regulator's: agencies charge statutory provisions, not technique names.

The conduct is recorded against unclassified instruments, with OTC identified in the release.

For the regulator's own account of the facts, read the primary document linked above. This page deliberately summarises the structured record rather than reproducing the release.

What technique is this, and how does it work?

This action is tagged with one technique in our taxonomy. The tagging is ours: regulators charge statutory provisions, not technique names, so the mapping is an editorial judgement described in our editorial policy.

Timeline

  1. 2018-02-15 FCA final notice

Primary documents

Everything on this page derives from the documents below. Where our summary and the primary document disagree, the primary document is right.

The linked release is published by the issuing regulator under its own terms. Our summary and narrative above are our own writing.

Other actions in the library sharing at least one technique tag with this one.

Action Agency Filed Technique Penalty Status
SEC v. BlackRock Advisors, LLC (benchmark submission rigging, 2023) SEC 2023-10-24 Benchmark Submission Rigging settled
SEC v. Chatham Asset Management, LLC and Anthony Melchiorre (benchmark submission rigging, 2023) SEC 2023-04-03 Benchmark Submission Rigging $600k settled
SEC v. The Bancorp, Inc. (benchmark submission rigging, 2022) SEC 2022-08-24 Benchmark Submission Rigging settled
FCA v. Philippe Moryoussef Individual (benchmark submission rigging, 2022) FCA 2022-07-15 Benchmark Submission Rigging filed
FCA v. Colin Bermingham Individual (benchmark submission rigging, 2021) FCA 2021-09-27 Benchmark Submission Rigging , Insider Trading filed
OSC v. The Toronto-Dominion Bank (benchmark submission rigging, 2019) OSC 2019-08-26 Benchmark Submission Rigging , Front Running +3 settled

Record added September 9, 2026. submit a correction.