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Showing 71 to 80 of 528 search results for LIBOR benchmarks.
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Dear CEO letter: Firms’ preparations for transition from LIBOR to risk-free rates - banks [pdf]
The Prudential Regulation Authority (PRA) and Financial Conduct Authority (FCA) are writing to the CEOs of large banks and insurance companies regarding the ongoing global benchmark reform effort mandated by the Financial Stability Board (FSB), -
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. -
2013 fines
Fines published during the calendar year ending December 2013. -
FCA response to IBA’s proposed consultation on intention to cease US$ LIBOR
ICE Benchmark Administration (IBA), the FCA-regulated and authorised administrator of LIBOR, has announced that it will consult in early December on its intention to cease US$ LIBOR. The FCA welcomes and supports the proposal to consult on a clear -
RBS fined £87.5 million for significant failings in relation to LIBOR
The Financial Services Authority (FSA) has fined The Royal Bank of Scotland plc (RBS) £87.5 million for misconduct relating to the London Interbank Offered Rate (LIBOR). -
The FCA fines Rabobank £105 million for serious LIBOR-related misconduct
Rabobank’s poor internal controls encouraged collusion between traders and LIBOR submitters and allowed systematic attempts at benchmark manipulation. ... These rules came into force on 2 April 2013. 4. The LIBOR benchmark reference rate indicates the -
Article 21(3) Benchmarks Regulation – Notice of First Decision – 3 month sterling LIBOR [pdf]
Article 21(3) Benchmarks Regulation – Notice of First Decision – 3 month sterling LIBOR -
Article 21A Benchmarks Regulation – Notice of prohibition on new use of a critical benchmark [pdf]
Article 21A Benchmarks Regulation – Notice of prohibition on new use of a critical benchmark -
FCA finds firms still failing to fully manage benchmark risks
The IOSCO definition of benchmarks (see ‘Benchmark’ in Annex A, p35 for definition). ... Following benchmark cases on LIBOR, Forex and Gold, the UK government passed legislation to regulate benchmark activities in UK. -
Price: the cornerstone of markets
Speech by David Lawton, Director of Markets of the FCA at the International Capital Market Association (ICMA) Capital Market Lecture Series 2014 on Monday 3 February 2014. This is the text of the speech as drafted, which may differ from the