Tag "Libor scandal"
Europe
Finance
New accountability regime set to more strictly regulate Britain’s financial sector
The Senior Managers and Certification Regime (SM&CR) came into force on March 7, 2016. This framework aims to increase the accountability of individuals at the top of financial services firms and
International
Politics
FIFA arrests show US legal system extends far beyond its borders
Businesses and organizations like soccer governing body FIFA may think that their international operations are out of US prosecutors’ reach, but that is far from true. A number of laws
Finance
International
Forex scandal exposes difficulty of financial regulation
The latest foreign exchange fixing (forex) scandal, which led to a $4.3 billion bank settlement with American, British, and Swiss regulators reinforces the difficulties of effectively regulating the financial markets.
