THE scandals buffeting the financial markets are not down to a “few bad apples” and authorities are ready to impose more regulation on the sector to regain public trust, a senior Bank of England official has said.
Tag: Minouche Shafik
UK Moves To Extend Libor Rigging Laws To Oil, Others
TRADERS who manipulate key oil, gold and currency benchmarks will be handed the same huge fines or jail sentences as those who rig Libor under government proposals to tackle market abuse. The Treasury launched a formal consultation on Thursday to extend the new legislation to cover the foreign exchange, fixed income and commodity markets. Under […]