A PYMNTS Company

FSA announces Libor probe

By  |  February 22, 2012

The U.K. Financial Services Authority is the latest regulatory body to announce an investigation into bank manipulation of Libor and trade of Libor derivatives. The FSA is looking into whether bank interest-rate submissions to the British Bankers’ Association reflected the actual cost of borrowing.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Source: Bloomberg

     

    Related content: Why and How to Use Empirical Screens in Antitrust Compliance (Rosa Abrantes-Metz, Global Economics Group, NYU Stern School of Business)