Tuesday, June 2, 2015   

EU wants criminal penalties for interest rate-rigging
(07-25 18:00)

The European Commission, responding to the London interest rate-rigging scandal, said today it will ask all member states to introduce criminal penalties for manipulating the money markets.
"The Commission will ask each member state to introduce in its national legislation criminal penalties for the manipulation of reference interest rates,'' it said in a statement.
   
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