LONDON, Sept 9 (Reuters) - Broker-dealer ICAP is intalks about a settlement over its role in the Libor rate-riggingscandal that would involve paying about 70 million pounds ($109million) to British and U.S. regulators, Sky News reported.
ICAP was discussing a deal with the Financial ConductAuthority (FCA) to pay about 20 million pounds.
It would also pay about 50 million pounds ($78million)collectively to the U.S. Department of Justice (DoJ) andthe Commodity Futures Trading Commission (CFTC), Sky said onMonday.
It said an announcement could come within the next 10 days.
The FCA, ICAP and the CFTC declined to comment.
A spokesman for the DOJ said it had an "active, ongoinginvestigation into possible manipulation of LIBOR and otherinternational interest rate benchmarks" but declined to commenton any specific firms.
ICAP is in advanced talks to settle the investigation but asettlement could still take several weeks, people familiar withthe matter said last week.
Such a fine would be far less than that paid by a trio ofbanks which have settled allegations of Libor manipulation.
British and U.S. regulators have so far fined three banks -UBS, Barclays and Royal Bank of Scotland - a total of $2.6 billion over the rigging of the LondonInterbank Offered Rate (Libor), which is used to price trillionsof dollars worth of products, including derivatives andmortgages.
Icap shares were up 4 percent at 415 pence by 1345 GMT,outperforming a slightly weaker UK share market.
Earlier this year, ICAP said none of its senior managementwas ever aware of, or involved in, the attempted manipulation ofbenchmark interest rates.