LIBOR

Four-US-Banks

Banks pull out of dozens of benchmarks after rate-rigging scandals

02/10/2014(0)
Some of the world’s largest banks have stopped contributing to dozens of financial benchmarks to avoid further litigation risk in the wake of the Libor and foreign exchange rate ... Read More
money

Banks are puzzled over how to stop rate fixing

10/09/2014(0)
Banks and regulators have still not found a way to be sure of stopping traders from manipulating Libor, foreign exchange and other benchmarks, top watchdog Martin Wheatley said yesterday. ... Read More
Yellen

Fed’s Powell says alternative to Libor needed

05/09/2014(0)
The U.S. Federal Reserve will accelerate its search for a substitute to the Libor benchmark interest rate to stave off what would be “a horrible mess” if the current ... Read More
bank-of-england

HM Treasury, the BoE and the Financial Conduct Authority announce Fair and Effective Markets Review

12/06/2014(0)
The British government has announced in a press release publishing the Fair and Effective Markets Review the strategic steps to follow in order to raise standards of conduct in the financial ... Read More
FCA_regulator

Barclays fined £26m by FCA

23/05/2014(0)
The Financial Conduct Authority (FCA), the Bitish regulatory body, has fined Barclays Bank Plc (Barclays) £26,033,500 for failing to adequately manage conflicts of interest between itself and its customers ... Read More
FCA_regulator

FCA: Martin Brokers (UK) Limited was fined for significant failings in relation to LIBOR

15/05/2014(0)
The Financial Conduct Authority (FCA), the British regulatory authority, has fined Martin Brokers (UK) Ltd (Martins) £630,000 for misconduct relating to the London Interbank Offered Rate (LIBOR). Martins would ... Read More
FCA_regulator

Financial Conduct Authority to investigate how firms deal with risk benchmark manipulation

31/03/2014(0)
The Financial Conduct Authority (FCA) has announced plans to look into how firms can reduce the risk of traders manipulating key benchmarks as a central part of its Business ... Read More
Broker Cyprus TopFX