Andreas Hauschild granted conditional bail until January 2019

Today, Southwark Crown Court granted conditional bail to Andreas Hauschild. He will be remanded on bail until his EURIBOR rigging trial takes place in January 2019. Mr Hauschild is accused of conspiring to rig EURIBOR, a currency benchmark that underlies billions of pounds worth of financial transactions. Today, the judge at Southwark Crown Court granted bail to Mr Hauschild pending his trial. He was ordered to pay £700,000 as bail security, surrender his identification documents and passport and report daily to a police station near his home.

Last month, Mr Hauschild was extradited from Italy to the UK. He was arrested in Italy, in August 2018 on a European Arrest Warrant issued on behalf of the Serious Fraud Office.