AMA, RCSAs and dealing with Libor at Rabobank

anne-snel-simmons-1

In October 2013, Dutch bank Rabobank was fined more than $1 billion for its part in the Libor-rigging affair. The fine came in the form of a $168 million fine imposed by the UK Financial Conduct Authority, $325 million by the US Department of Justice, $475 million by the US Commodity Futures Trading Commission and $96 million by the Dutch public prosecution service, Openbaar Ministerie. The bank was accused of poor internal controls that encouraged collusion between traders and Libor submitters

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: