EU Parliament Passes Law To Stop Market Benchmarks Rigging

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EU Parliament Passes Law To Stop Market Benchmarks Rigging

Postby kreslik.news » Sun May 01, 2016 7:10 am


Benchmarks such as Libor (London Interbank Offered Rate) and Euribor (Euro Interbank Offered Rate) have been the centre of controversy for the last few years, landing banks with fines and brokers in hot water with regulators.

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Barclays was fined $450 million in June 2012 by US and UK regulators in connection with alleged Libor and Euribor violations. Several ... (read more)

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