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Europe Daily Bulletin No. 10923

18 September 2013
ECONOMY - FINANCE - BUSINESS / (ae) finance
ESMA will not supervise benchmark formation

Brussels, 17/09/2013 (Agence Europe) - On Wednesday 18 September, the European Commission will unveil a draft regulation to boost governance in the domain of financial benchmark creation, in response to recent illegal manipulation of the LIBOR and EURIBOR inter-bank interest rate benchmarks.

In the draft regulation dated 10 September, that this newsletter has seen, the European Commission says that the integrity of benchmarks is crucial for setting prices of a number of financial...

Contents

ECONOMY - FINANCE - BUSINESS
INSTITUTIONAL
SECTORAL POLICIES
EXTERNAL ACTION
COURT OF JUSTICE OF THE EU