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Image header Agence Europe
Europe Daily Bulletin No. 10694
Contents Publication in full By article 27 / 32
ECONOMY - FINANCES / (ae) finance

Finance Watch wants tighter control of LIBOR-type benchmarks

Brussels, 21/09/2012 (Agence Europe) - The Finance Watch organisation, a consumer financial interests pressure group, is calling on the European legislator to provide external regulatory oversight of benchmark setting and rules to limit conflicts of interest in the benchmarking process. Finance Watch secretary general Thierry Philiponnat commented: “When a small group of private actors (panel contributors) works together with a single private interest body (trade organisation or an...

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ECONOMY - FINANCES