Topic: FSA

LIBOR and the Manipulation Scandal: A Legal Analysis

From law firm McDermott Will & Emery, an in-depth look at the London Interbank Offered Rate (LIBOR), what it represents, and the continuing manipulation scandal: “[LIBOR] is considered one of the most important interest rates in the financial world. It underpins approximately £225 trillion of financial products ranging from interest rate swaps and corporate loans… Read more »

European Banking & Finance News: A JD Supra Legal Reader

Barclays, ESMA standards, an amended Prospectus Directive, AIFMSD, FSA activities, and more… For your convenience, here’s a roundup of recent advisories on developments in the European banking and finance industry: Barclays / LIBOR FSA Fines Barclays £59.5 Million for Manipulation of LIBOR (Orrick, Herrington & Sutcliffe LLP): “On 27 June 2012, the FSA published the… Read more »