FSA to Reform Libor Responsibilities for the BBA



Head of the UK’s financial regulator, Mr Martin Wheatley, has will publish a report that suggests reforms to Libor this week. This includes the role of the British Banker’s Association (BBA) who originally collated the data used by Libor.

In the wake of the Libor rigging scandal, in which Barclays were charged and several other banks are under investigation for purposefully altering estimates