The United Kingdom Supreme Court is scheduled to rule on the appeals of Tom Hayes and Carlo Palombo, two former financial traders who were previously convicted for manipulating interest rate benchmarks. Hayes and Palombo were among 37 traders prosecuted for their roles in adjusting rates such as LIBOR and EURIBOR, which are used globally to set borrowing costs for financial products. The cases have drawn attention from senior politicians, who have expressed concerns about potential errors in the judicial process that led to the convictions. If the Supreme Court finds in favor of the traders, their convictions could be overturned. This outcome may also prompt a review of similar cases involving other traders prosecuted for benchmark manipulation. The decision is expected to have significant implications for the regulation of financial markets and the legal standards applied to financial misconduct.