LONDON – The European Commission announced plans on Wednesday to make the manipulation of benchmark interest rates a criminal offense.
On Wednesday, the European Commission announced plans to make the manipulation of benchmark interest rates a criminal offense.
The European Union's financial regulator said he intended to make the manipulation of benchmark rates a crime.
Such was the challenge for artists who embraced the racy new looks: how to make the manipulation of circles, say, or of fugitive marks seem to matter.
DealBook » Europe Aims to Make Rate Manipulation a Criminal Offense | The European Commission announced plans on Wednesday to make the manipulation of benchmark interest rates a criminal offense, while saying British authorities did not do enough to stop rate-rigging.
The inquiry may lead to greater regulatory oversight of the rate, while lawmakers are considering new laws that would make the manipulation of benchmark rates a criminal offense.
Tape recording made the manipulation of sounds far easier: you could record at varied speeds, cut the tape and re-splice it in any way you wanted and play it forward or backward.
American and British authorities are considering the prosecution of traders implicated in the scandal, and European officials want to write new legislation to make the manipulation of Libor and other benchmark rates a criminal offense.
The VIX measure of stockmarket volatility fell below 11, half its long-term average and the lowest since February 2007.The British government laid out plans to make the manipulation of financial benchmarks a criminal offence.
Because so many countries have managed their currency rates for so long, it is unclear that the W.T.O. would uphold any American efforts to make the manipulation of a currency a justification for action.
