The Criminal Cases Review Commission has confirmed it is aiming to issue a decision in October on whether to refer convicted Libor rigger Tom Hayes’ case to the Court of Appeal.

The CCRC, an independent body responsible for investigating suspected miscarriages of justice, told lawyers for the former UBS and Citigroup trader that while it was close to completing its decision-making process on Hayes’ case, a decision would likely not be forthcoming until next month at the earliest.