Search results

Showing 71 to 80 of 91 search results for synthetic sterling LIBOR.

71. Do I need to worry about benchmark regulation?

    Speeches Published: 04/02/2016 Last modified: 04/02/2016
    Speech by Edwin Schooling Latter, Head of Markets Policy, FCA, delivered at CISI European Regulation Forum on 2 February 2016. This is the text of the speech as drafted, which may differ from the delivered version.

72. Further statement from the RFRWG on the impact of Coronavirus on the timeline for firms’ LIBOR transition plans

    Statements Published: 29/04/2020 Last modified: 13/05/2020
    Further to the joint statement made on 25 March it remains the central assumption that firms cannot rely on LIBOR being published after the end of 2021. The FCA and the Bank of England have worked with members of the Working Group on Sterling

73. The FCA fines Rabobank £105 million for serious LIBOR-related misconduct

    Press Releases Published: 29/10/2013 Last modified: 29/10/2013
    Make, or influence others at the bank to make LIBOR submissions that benefitted trading positions linked to Sterling (GBP), Dollar (USD) and Yen (JPY) LIBOR;. ... 6. LIBOR is by far the most prevalent benchmark reference rates used in euro, US dollar and

74. RBS fined £87.5 million for significant failings in relation to LIBOR

    Press Releases Published: 06/02/2013 Last modified: 18/11/2021
    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).

75. FCA response to IBA’s proposed consultation on intention to cease US$ LIBOR

    Markets Statements Published: 30/11/2020 Last modified: 11/12/2020
    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

76. UBS fined £160 million for significant failings in relation to LIBOR and EURIBOR

    Press Releases Published: 19/12/2012 Last modified: 29/03/2013
    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.

77. The FCA and the Bank of England encourage market participants in a switch to SONIA in the sterling exchange traded derivatives market from 17 June

    Statements Published: 13/05/2021 Last modified: 13/05/2021
    FCA and the Bank of England encourage exchange traded derivatives market participants move to SONIA.

78. FCA commits to being a more innovative, assertive and adaptive regulator

    Press Releases Published: 15/07/2021 Last modified: 15/07/2021
    The commitment reflects the FCA’s Business Plan for 2021/22, the first annual plan since Nikhil Rathi joined the FCA as Chief Executive in October 2020

79. Lloyds Banking Group fined £105m for serious LIBOR and other benchmark failings

    Press Releases Published: 28/07/2014 Last modified: 28/07/2014
    In relation to LIBOR, the firms’ misconduct between May 2006 and June 2009 included:. ... LIBOR is by far the most prevalent benchmark reference rates used in euro, US dollar and sterling OTC interest rate derivatives contracts and exchange traded

80. PS15/6: Bringing additional benchmarks into the regulatory and supervisory regime

    Policy statements Published: 10/03/2015 Last modified: 07/02/2022
    This Policy Statement sets out our framework for regulating and supervising the seven additional benchmarks being brought into regulatory scope.