Previous Post: Libor: BBA ‘warned weekly’ says former rate-compiler nbsp
Libor fixing to become criminal offence, EU proposes
BBC – Manipulating benchmark rates, such as Libor and Euribor, will be added to insider dealing as criminal offences, the Commission said in a statement. Justice commissioner Viviane Reding said the move would help “put an end to criminal activity in the banking sector”. It wants EU members to pass new laws. Read article
Tags: 2nd Great Depression, banks, Europe, New World Order, politics
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