Treasury Committee suggests higher fines and criminal sanctions for LIBOR manipulation – OUT-LAW.com

Posted August 21st, 2012 in banking, financial regulation, fines, news, penalties, reports, select committees by sally

“Higher fines for firms that fail to co-operate with regulators and potential criminal sanctions for benchmark manipulation have been suggested by the Treasury Select Committee in a report responding to alleged manipulation of market rates by major banks.”

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OUT-LAW.com, 21st August 2012

Source: www.out-law.com