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Image header Agence Europe
Europe Daily Bulletin No. 10682
ECONOMY - FINANCE - BUSINESS / (ae) finances

Consultation on how LIBOR and similar indices are compiled

Brussels, 05/09/2012 (Agence Europe) - Following the recent scandal of manipulation of LIBOR (the UK's inter-bank interest rate index), the European Commission has opened a consultation exercise that will run until Thursday 15 November, inviting stakeholders to comment on possible new rules for the production and use of indices serving as benchmarks for financial contracts (EURIBOR and FTSE 100 index) and other trading indices (prices, house prices and pensions), be they compiled by trading...

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