Tag Archives: extraterritorial financial regulation

Global Banking and Gaming LIBOR – Joint Cross-Border Enforcement, Finally.

Joint cross-border investigations by the U.S. (Commodity Futures Trading Commission , the U.S. Dept. of Justice) and the U.K. (Serious Fraud Office) have resulted in an agreement by Barclays PLC to pay $453 million in fines for illegally manipulating the inter-bank rate, LIBOR. These agreements … Continue reading

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