Posts Tagged “FSA”
RBS Still Negotiating With FSA Over Libor Fine
by The Compliance Exchange on December 18, 2012
Royal Bank of Scotland is continuing to negotiate with the Financial Services Authority over the scale of its penalty for attempting to rig Libor
FSA Investigates Claims of Gas Market Manipulation
by The Compliance Exchange on November 13, 2012
British energy regulators on Monday said they are investigating claims made by a whistleblower that UK traders have manipulated wholesale prices on Europe’s biggest gas market.
SEC Charges Silicon Valley Executive in Galleon and Other Top Compliance Stories on November 7, 2012
by Kyle Colona on November 7, 2012
Today’s regulatory round-up includes updates on the case of Kris Chellam, the Silicon Valley exec charged with tipping off Raj Rajaratnam,
FSA Issues Report on Libor Reform and Other Top Compliance Stories on Oct. 1st, 2012
by Kyle Colona on October 1, 2012
Top Compliance Stories on Oct. 1st
Gensler Calls for Overhaul of Libor
by Kyle Colona on September 25, 2012
CFTC head honcho Gary Gensler told the European Parliament that overhauling the way Libor is determined is needed in order to restore the integrity of consumer borrowing. Genlser reportedly delivered the prepared remarks on video from Washington D.C. He had (…)
European Commission Considers Tighter Banking Union and Other Top Compliance Stories on Sept. 20, 2012
by Kyle Colona on September 20, 2012
European Commission Considers Tighter Banking Union The European Commission is calling for greater supervision of European banks at the EU level. The EC contends that oversight of banks’ activities is needed to mitigate the effects of future financial crises and (…)
Will there be a “New and Improved” Libor?
by Kyle Colona on August 21, 2012
The Libor rate manipulation scandal has been widely reported on and now the narrative is shifting to creating a “new and improved” Libor. Of course, there’s still a long way to go as federal authorities in the UK and US (…)
