German Watchdog Steps Up Euribor Investigation

What's Next In Payments®
1:19 PM EDT January 29th, 2013

Germany’s financial watchdog Bafin has stepped up its investigation on the possible manipulation of Euribor, first launched last year, to include a specific investigation into German banks. The esclalation of this investigation into a « special proble » into German banks, will allow the watchdog to conduct a more detailed investigation into the banks’ activities, including on-site inspections.

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