by David Schwartz J.D. CPA | Aug 21, 2012 | All, Change Overview and Rationale, Formal Regulatory Remedies
A discussion paper published on August 10, 2012 by a team commissioned by the UK Treasury’s Chancellor of the Exchequer takes a look at the structure and governance of LIBOR and the corresponding criminal sanctions regime. This initial discussion paper...
by David Schwartz J.D. CPA | Apr 19, 2012 | All
A storm, or more aptly, a hurricane of litigation is on its way for the banks involved in the LIBOR rate-rigging scandal. The LIBOR banks face not just the prospect of criminal prosecution, but also exposure to law suits by thousands of market participants and others...
