Sergey saw the writing on the wall for Real World Assets a while ago. Real World Assets and distributed financial ...
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The British Bankers' Association was stripped of its Libor-setting role in 2012 following a series of rate-rigging scandals that led to multi-million pound fines for a number of international banks.
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HSBC has allowed Mexican cartels to launder billions of dollars. And of course, there was the Libor manipulation scandal that came to a head in 2015. So numerous scandals in the existing industry.
appeared this May under the headline "Clubby London trading scene fostered Libor rate-fixing scandal." The clubs involved seem less like a traditional London gentleman's club and more like those run ...
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The Week is part of Future US Inc, an international media group and leading digital publisher. Visit our corporate site.
"The complexity of these rules means that plenty of smaller administrator firms – of which there are over 150 in the UK – won’t have the capacity to set up the frameworks alone." The new ...