News & Analysis as of

Financial Services Authority › Libor

The Financial Services Authority is an independent financial regulatory body within the United Kingdom. The FSA establishes standards for most financial services markets, exchanges, and firms and pursues legal... more +
The Financial Services Authority is an independent financial regulatory body within the United Kingdom. The FSA establishes standards for most financial services markets, exchanges, and firms and pursues legal action against parties failing to comply with those standards.   less -
Patterson Belknap Webb & Tyler LLP

After Favorable LIBOR Ruling from the Second Circuit, Investors Now Allege Anticompetitive SIBOR Manipulation

Patterson Belknap Webb & Tyler LLP on

On July 5, 2016, investors filed a federal class action in the Southern District of New York alleging defendant banks had manipulated the Singapore Interbank Offered Rate (SIBOR) “and/or” Singapore Swap Offer Rate (SOR)...more

K&L Gates LLP

Serious Fraud Office Closes Forex Investigation

K&L Gates LLP on

The Serious Fraud Office (SFO) recently announced that it had closed its criminal investigation into allegations of fraudulent conduct in the foreign exchange (FX) market. The SFO began its investigation in July 2014...more

Orrick - Finance 20/20

FSA Report Relating to the LIBOR Scandal

Orrick - Finance 20/20 on

On March 5, The FSA published a report and management response concerning the manipulation of LIBOR. The report finds that the FSA was aware of disruption in the LIBOR market during the period between summer 2007 and early...more

Orrick, Herrington & Sutcliffe LLP

Orrick's Financial Industry Week in Review - March 11, 2013

Orrick, Herrington & Sutcliffe LLP on

In This Issue: *Financial Industry Developments - SEC Risk Alert and Investor Bulletin on Investment Adviser Custody Rule - FHFA Outlines 2013 Goals for Fannie and Freddie - Rating Agency Developments ...more

Orrick - Finance 20/20

FSA Challenges Accusations That It Was Slow on LIBOR Scandal

Orrick - Finance 20/20 on

On February 21, the Treasury Select Committee published the FSA’s response in relation to its August 2012 report on LIBOR. The report had criticized the FSA for being behind the US regulator in formally investigating market...more

Orrick - Finance 20/20

RBS Fined £87.5 Million over LIBOR Rates

Orrick - Finance 20/20 on

On February 6, the FSA issued a final notice to RBS imposing a fine of £87.5 million for misconduct in submitting rates for the calculation of LIBOR....more

Orrick - Finance 20/20

RBS Fined £87.5 Million over LIBOR Rates

Orrick - Finance 20/20 on

On February 6, the FSA issued a final notice to RBS imposing a fine of £87.5 million for misconduct in submitting rates for the calculation of LIBOR....more

Orrick - Finance 20/20

UBS Fined £160 Million for Significant Failings in Relation to LIBOR and EURIBOR

Orrick - Finance 20/20 on

On December 19, 2012, the FSA announced that it had fined UBS £160 million for misconduct relating to LIBOR and EURIBOR....more

Katten Muchin Rosenman LLP

FSA Consults on Regulation of Benchmarks

Katten Muchin Rosenman LLP on

On December 5, the UK Financial Services Authority (FSA) announced a consultation on its new regulatory framework for financial benchmarks – CP12/36 The Regulation and Supervision of Benchmarks. This follows on from the work...more

Orrick, Herrington & Sutcliffe LLP

Orrick's Financial Industry Week in Review - December 3, 2012

Orrick, Herrington & Sutcliffe LLP on

In This Issue: - Financial Industry Developments · CFTC Final Rule on Clearing of Credit Default Swaps and Interest Rate Swaps · Fed, Treasury Proposed Amendments to Bank Secrecy Act Definitions ...more

10 Results
 / 
View per page
Page: of 1

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
Sign up Log in
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
- hide
- hide