Brussels, 09/01/2014 (Agence Europe) - A provisional agreement on criminal penalties for abuse of the market (see EUROPE 10989) was confirmed by the European Parliament's economic and monetary affairs committee on Thursday 9 January, when it adopted a revised directive responding to the scandals of banks fiddling the Libor and Euribor interest rate benchmarks. The agreement paves the way for a vote in plenary in February.
Internal Market Commissioner Michel Barnier welcomed the committee's...