Correcting the Record

7th July, 2019

Updated statement — May 26, 2020:

In July 2019, Reuters published an article on its website that we believed made serious, false and defamatory allegations that we had knowingly issued a false statement and had committed market abuse. We took this extremely seriously and issued a claim for defamation in the English High Court against Reuters. Following a preliminary trial, we are pleased that the Judge concluded that the Reuters’ article should not, and cannot, be taken to mean that we are guilty, or even suspected, of having knowingly issued a false statement or committed market abuse. 

Given this ruling, and confirmation on the record from all relevant parties with access to the statement which was the subject of the Reuters’ article  that they were not misled, we are satisfied that our position on this has now been clarified. As such  we have chosen to  withdraw our claim and concentrate on the important role we can play in assisting our clients at this challenging time globally. 


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