British bankers’ association (bba)
Accountants and lawyers also need to improve behavioural standards
10% of consumers will take rejected complaints to the FOS
Complying with new account-switching rules not enough without consideration of business risk
More British bankers’ association (bba) articles
Less-used rates will be produced until May 2013
From home loans to bonds and interest rate swaps, a host of very different markets are linked to Libor, which makes it difficult to replace the damaged benchmark. A number of alternatives are available, but disparate products may be better served by disparate...
CFTC's Chilton says a complete overhaul of Libor is needed - including distancing it from the BBA
Complaints to the UK Financial Services Authority (FSA) in 2011 reached a near-record high of 4.1 million – with insurance products, particularly the infamous payment protection insurance (PPI) sector, again responsible for much of the rise
Barclays' $450m settlement gives lawyers smoking gun evidence of attempts to tamper with benchmark rates
In response to industry fears of a collateral crunch, regulators have revised the proposed rules on margining for uncleared over-the-counter (OTC) derivatives.You can find out more by downloading this white paper here.
Hong Kong, 1st - 31st Dec 2014
UK, 18th Mar 2015
Australia, 12th - 13th Aug 2014
Australia, 14th Aug 2014
USA, 20th - 21st Aug 2014