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FSA’s Wheatley warns of EU obstacles to Libor powers push
Review considers reform of sanctions, but consideration must be given to upcoming markets abuse directive.
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Wheatley concerned over $300trn tied up in Libor
Incoming chief executive of the Financial Conduct Authority Martin Wheatley has outlined the challenge of reforming Libor with at least $300...
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McDermott given permanent FSA directorship
Tracey McDermott, acting director of the FSA’s enforcement and financial crime division, has been confirmed in the role.
Analysis & Opinion
Fixing of the Libor
The scandal of Libor fixing begs the question of whether banks are looking after the clients or themselves
Recent Articles
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Banking standards inquiry calls for evidence
The Parliamentary Commission on Banking Standards has issued a call for written evidence as part of its review into financial services.
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Libor review to weigh up criminal charges
The Treasury has asked Martin Wheatley, incoming chief executive of the Financial Conduct Authority, to consider criminal and civil sanctions for...
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EC moves to make rate fixing illegal
The European Commission is pushing for an amendment in proposals for regulation of insider dealing and market manipulation to make Libor fixing...
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Credit default swaps are open to abuse: ex-trader
The derivatives market could be open to manipulation by dealers, particularly with over-the-counter products such as unregulated contracts for...
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Tyrie calls for evidence on UK banking sector
Chairman of Parliamentary Commission says evidence is needed to gauge scale of problem and identify likely remedies.