British watchdog to unveil plans to clean up financial markets
A review to focus on how to raise standards of behaviour among traders at banks and to suggest tougher sanctions
London
BRITAIN'S regulators will unveil plans on Wednesday that aim to clean up behaviour in the financial markets, where banks have been fined billions of pounds for trying to rig currencies and interest rate benchmarks.
The Bank of England, Treasury and the Financial Conduct Authority will publish recommendations from their Fair and Effective Markets Review into conduct and operation of currency, bond and commodity markets.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Sri Lanka’s economy expected to grow 3% in 2024, central bank says
Yellen says US can bring inflation down without hurting jobs
US dollar briefly falls versus yen after GDP data
US weekly jobless claims unexpectedly fall
US economic growth slows more than expected in Q1
Malaysia ex-PM Mahathir facing anti-graft probe in a case involving his sons