Meanwhile, the bank is hoping to agree on a single collective deal, similar to the one agreed by Barclays, which became the first, and so far the only bank to settle with regulators over the allegations that traders attempted to manipulate the setting of key inter-bank lending rates such as Libor.
Barclays had paid fines totaling GBP290 million in June 2012.
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Earlier this month, RBS had said that it wanted to settle with regulators as soon as possible, enabling the part-nationalized bank to draw a line under the affair and continue with the recovery plan being led by chief executive Stephen Hester.
Initially, RBS was expected to settle Libor claims with regulators in the fourth quarter, but the settlement was delayed as international regulators struggled with differing agendas and working speeds.
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By GlobalData
