The Bank of England has suggested that the max jail term for anyone guilty of market abuse be extended to 10 years from the current 7, in its Fair and Effective Markets Review out on Tuesday evening. If the UK government follows through with the suggestion, this means anyone guilty of insider trading or market […]
Energy Connections
Criminal sanctions and the markets
A couple of interesting stories floating around today. The FT reports that a senior UK banker has pleaded guilty to charges stemming from the rigging of the Libor interbank rate. The second comes from Sky News, which reports that two directors of HSBC’s UK arm are poised to quit in protest at new Bank of […]
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