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Image header Agence Europe
Europe Daily Bulletin No. 11034
ECONOMY - FINANCE - BUSINESS / (ae) finance

Benchmarks regulation postponed until later in year

Brussels, 06/03/2014 (Agence Europe) - The draft regulation to boost benchmark governance, unveiled in September in response to a number of crises surrounding the LIBOR and EURIBOR interbank interest rate benchmarks, will not be dealt with until after the European elections because neither the Council of Ministers nor the European Parliament will be able to decide on negotiating positions until later in the year.

A European Commission spokesman said: “The benchmarks proposal remains a...

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