Call for criminal sanctions for Libor abuse

euronews (in English)
euronews (in English)
  • 12 years ago
Europe's top regulatory official is set to propose new rules that would criminalise the manipulation of benchmarks such as Libor.

Michel Barnier wants to amend proposed market-abuse legislation that is designed to clamp down on amongst other areas the manipulation of a reference such as Libor.

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