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: UK Financial Conduct Authority
U.S., UK to fine ICAP, charge staff over Libor scam
U.S. and British authorities are hours away from fining ICAP, the world’s biggest interdealer-broker, and charging current and former staff in connection with the manipulation of the Libor benchmark interest rate. The rate rigging scandal, which has laid bare the failings of regulators and bank bosses, has already seen three […]
