EU Announces Fines for Libor Manipulation – ValueWalk Premium

EU Announces Fines for Libor Manipulation

The European Union has approved a law that will bring huge fines to bear on companies found guilty of manipulation the Libor, the London Interbank Offered Rate. The new law was approved by the political body's parliament earlier today and will come into force in the next two years.

The new law makes manipulation of the benchmark interest . . .


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