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There have long been speculation that these markets are fixed by a small number of banks that effectively control trading by setting benchmark prices.
Lawmakers in London and Washington have been pressing regulators over what they view as a failure to address problems with the process for setting benchmark interest rates.
He, in turn, has started to identify cheats by setting benchmark levels for tax payments for different industries, and then investigating companies that deviate from them markedly.
Besides its original core task of setting benchmark interest rates for the 17 countries in the euro zone, the central bank has become the main source of financing for hundreds of banks that cannot borrow through the regular markets.
The impact of this was felt as much internationally as domestically, as the Fed effectively acted as the world's central bank through its role in setting benchmark interest rates and its streaming of dollars to foreign as well as US banks.
Kuittinen (2015a) presented a method for setting benchmark levels for low carbon humanitarian construction: the emissions of humanitarian shelters are compared to the per capita GHG emissions of their countries.
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Setting benchmarks for Pakistan could be particularly difficult.
The United States has rejected setting benchmarks for reducing carbon dioxide emissions.
They offer the means of setting benchmarks against which service quality may be judged.
In the long term, the alliance hopes to have an impact on European science by setting benchmarks and raising standards.
Senator Jeff Sessions, an Alabama Republican, wants the U.S. Immigration and Customs Enforcement agency to have a direct voice in setting benchmarks for who gets to stay in the country.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com