What TSC Libor report means for London’s reputation
Author: Gemma Varriale | Published: 21 Aug 2012
Select Committees (TSC)
preliminary report on fixing the London Interbank Offered Rate
(Libor) called for reform in several areas of the UK
banking sector. Heres why market participants consider it
a defining moment for financial regulation.
The August 18 report intended to assess the impact of the
Libor scandal following revelations of Barclays sustained
manipulation of a key interest rate at the height of...