The Libor scandal refers to a wide-ranging manipulation of Libor rates revealed in 2012 whereby banks were discovered to have been inappropriately adjusting rates up or down for their own profit.
by Christopher Rich, Ted MacDonald
Compendium
May 15, 2022The need to bring people to the table to agree a way forward, virtually or in person, has never been more important. It’s what Financial Markets Standards Board (FMSB) has been doing for the wholesale fixed income, currencies and commodities markets since its inception in 2015. Collaboration, education and internationalisation are the watchwords of this unique body that looks not only at misconduct but the behaviours that drive it – and ways to interrupt history repeating itself. ...cont
