Call for criminal sanctions for Libor abuse

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Call for criminal sanctions for Libor abuse

E
euronews (in English)

27 Views • Jul 09, 2012

Description

Europe's top regulatory official is set to propose new rules that would criminalise the manipulation of benchmarks such as Libor.

Michel Barnier wants to amend proposed market-abuse legislation that is designed to clamp down on amongst other areas the manipulation of a reference such as Libor.

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