Financial Services Authority

• U.K. Party Demands Economic-Crime Law

  By Kitty Donaldson, Bloomberg  |  October 3, 2012

  Libor prompts Labour Party to introduce law to prevent future financial scandals.

• Libor Revamp Likely to Raise Borrowing Costs

  By John Glover, Bloomberg  |  October 2, 2012

  Expanding the banks that submit their rates will add smaller institutions that pay more to borrow.

• FSA To Oversee Libor in Overhaul

  By Ben Moshinsky and Lindsay Fortado, Bloomberg  |  September 28, 2012

  Number of Libor reference rates will be slashed by eliminating thinly traded currencies, maturities.

• FSA’s Wheatley Said to Recommend Regulating Libor-Setters

  By Lindsay Fortado and Gavin Finch, Bloomberg  |  September 26, 2012

  UK Treasury review may suggest that bankers submitting estimates be overseen by the FSA.

• Who Will Head the Bank of England? (CFO.com)

  September 26, 2012

  As the UK's central bank searches for its next Governor, CFOs are seen as less likely candidates than regulators.

• BBA Poised to Give Up Libor Oversight

  By Gavin Finch and Liam Vaughan, Bloomberg  |  September 25, 2012

  British Bankers’ Association says it will go along with UK regulator's decision.

• RBS Managers Condoned Libor Manipulation

  By Liam Vaughan, Gavin Finch and Andrea Tan, Bloomberg  |  September 25, 2012

  Bank’s traders, managers routinely sought to influence Libor submissions.

• EU Lawmakers Probe Rate-Rigging

  By Ben Moshinsky and Jim Brunsden, Bloomberg  |  September 24, 2012

  CFTC Chairman Gary Gensler to testify before European Parliament panel.

• CFTC’s O’Malia Criticizes ‘Mad Rush’ On Swaps Rules

  By Silla Brush, Bloomberg  |  September 24, 2012

  Commissioner cites inconsistency in some regulations.

• Manipulation Possible in Benchmarks Besides Libor

  By Joshua Gallu, Bloomberg  |  September 20, 2012

  Fewer than half of benchmark rates are based on actual transactions, according to IOSCO.