Concern was recently expressed in the UK on the use of credit sensitive rates in financial instruments geared towards less sophisticated borrowers. Since the complex and relatively opaque risks may ...

The proposed powers for the Financial Conduct Authority ("FCA") to manage the London Interbank Offered Rate ("LIBOR") transition should address so-called "tough legacy" contracts involving UK ...

LONDON--(BUSINESS WIRE)--Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today announced that ICE Benchmark Administration Limited ...

The financial sector should not bet on remaining deadlines changing for the phasing out of the use of Libor interest rates, Britain's Financial Conduct Authority (FCA) said on Wednesday. By Huw Jones ...

LONDON, July 30 (Reuters) - Britain is seeking urgent reform of the key interest rate rigged by a number of banks, including Barclays, in a transatlantic scandal that is threatening to seriously ...

Her Majesty's Treasury is seeking views from financial services firms to establish whether safe harbor legislation is needed in the U.K. to prevent lawsuits stemming from the cessation of the London ...

LIBOR AND THE LAW: British police arrested three people as part of their investigation into the manipulation of a key benchmark interest rate — the first British arrests in a scandal that’s had global ...

LONDON, March 27 (Reuters) - Tom Hayes, the first trader jailed worldwide for interest rate rigging, lost his appeal against his conviction on Wednesday, with London's Court of Appeal ruling that it ...

NEW YORK/LONDON, July 2 (Reuters) - Officials from the Bank of England and Britain's financial watchdog missed several opportunities to investigate how banks set the London interbank offered rate, now ...

LONDON (AP) — British police arrested three people Tuesday as part of their investigation into the manipulation of a key benchmark interest rate — the first British arrests in a scandal that’s had ...

LONDON--(BUSINESS WIRE)--Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today noted that the UK Financial Conduct Authority (FCA) ...