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Showing 21 to 30 of 34 search results for JPY LIBOR submitter.
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Recent developments in financial markets
Speech by Andrew Bailey, Chief Executive of the FCA, at the Association for Financial Markets in Europe (AFME), International Capital Market Association (ICMA) and International Swaps and Derivatives Association (ISDA) breakfast briefing. -
Learning the lessons of the past as an industry
In light of the recent FOREX investigation, which saw the FCA uncover failures by firms to correct their controls to prevent attempts to manipulate the market after the LIBOR failings had ... In one LIBOR case a submitter wrote to his manager, "we are -
The USD LIBOR panel ceases at end-June 2023: Are you ready?
It is now less than 90 days until the USD LIBOR panel ceases on 30 June 2023, marking another critical milestone in the necessary transition to robust Risk-Free Reference Rates (RFRs). -
Finalising LIBOR transition – achievements in sterling markets and what remains to be done
Bank of England, FCA and Working Group set out what more needs to be done and update on how the Working Group will operate in the future -
FSA - PS13/6 The regulation and supervision of benchmarks
We are outlining how we will regulate benchmark submission and administration, with LIBOR as the first benchmark to be brought in to the new regime. -
ICAP Europe Limited fined £14 million for significant failings in relation to LIBOR
Between October 2006 and November 2010, the misconduct included:. IEL brokers colluding with traders at UBS to manipulate the (Japanese Yen) JPY LIBOR rates for the benefit of the traders. ... emailing skewed suggestions to some Panel Banks as to where -
FCA finds firms still failing to fully manage benchmark risks
Both LIBOR and FX were out of scope of the report given the considerable work already carried out on both benchmarks. ... Following benchmark cases on LIBOR, Forex and Gold, the UK government passed legislation to regulate benchmark activities in UK. -
UBS fined £160 million for significant failings in relation to LIBOR and EURIBOR
The Financial Services Authority (FSA) has fined UBS AG (UBS) £160 million for misconduct relating to the London Interbank Offered Rate (LIBOR) and the Euro Interbank Offered Rate (EURIBOR). This is the largest fine ever imposed by the FSA. -
Martin Brokers (UK) Limited fined £630,000 for significant failings in relation to LIBOR
Between January 2007 and December 2010, Martins colluded with a trader at UBS to manipulate the (Japanese Yen) JPY LIBOR rates for his benefit. ... communicating skewed suggestions to some Panel Banks as to where they believed the published JPY LIBOR -
PS15/6: Bringing additional benchmarks into the regulatory and supervisory regime
This Policy Statement sets out our framework for regulating and supervising the seven additional benchmarks being brought into regulatory scope.