Arab Today, arab today britain\s libor system needs \complete overhaul\
Last Updated : GMT 06:30:05
Arab Today, arab today
Arab Today, arab today

Britain\'s Libor system needs \'complete overhaul\'

Arab Today, arab today

Arab Today, arab today Britain\'s Libor system needs \'complete overhaul\'

London - AFP

Britain's Libor rate needs a "complete overhaul" after the Barclays rate-rigging scandal, the financial regulator will say in a government-commissioned report due for publication Friday. The Financial Services Authority (FSA) is to recommend that the British Bankers' Association be stripped of its role in setting Libor, with the process handed over to a new group. The FSA must be given regulatory and sanctioning powers, the report is to say, according to an advance copy of a speech due to be delivered by FSA managing director Martin Wheatley. The Libor scandal erupted in June when Barclays bank was fined £290 million ($470 million, 363 million euros) by British and US regulators for attempted manipulation of Libor and Euribor interbank rates between 2005 and 2009.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today britain\s libor system needs \complete overhaul\ Arab Today, arab today britain\s libor system needs \complete overhaul\

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today britain\s libor system needs \complete overhaul\ Arab Today, arab today britain\s libor system needs \complete overhaul\

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today How to do your own Ramadan corner?

GMT 15:53 2017 Saturday ,27 May

How to do your own Ramadan corner?
View News in Arabic - Business: مصارف
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday