Treasury Committee suggests higher fines and criminal sanctions for LIBOR manipulation –

Posted August 21st, 2012 in banking, financial regulation, fines, news, penalties, reports, select committees by sally

“Higher fines for firms that fail to co-operate with regulators and potential criminal sanctions for benchmark manipulation have been suggested by the Treasury Select Committee in a report responding to alleged manipulation of market rates by major banks.”

Full story, 21st August 2012