February 26, 2016/IOSCO The International Organisation of Securities Commissions today published its report on the Second Review of the Implementation of IOSCO’s Principles for Financial Benchmarks by Administrators of EURIBOR, LIBOR and TIBOR. The report sets out the findings of the second review of the implementation of IOSCO’s Principles for […]
Tag: LIBOR
G20 task force to study Libor reform
The agency that sets rules for global banks will establish a task force to look at reform of Libor after a scandal in which three banks were fined for rigging the global interest rate benchmark. The Financial Stability Board, set up by the G20, will report back next year on […]
Talks on industry Libor settlement not advanced: Deutsche Bank
Talks over an industry-wide settlement for banks involved in the Libor rate-fixing scandal have been informal, and are not advanced, Deutsche Bank co-chief executive Anshu Jainsaid on Thursday. Axel Weber, chairman of Swiss bank UBS, raised the possibility of an industry-wide settlement for the rest of the banks involved in […]
