Fears raised over EU benchmark probe

Industry associations have raised concerns over a European Union proposal to hand the provision of financial benchmarks over to public bodies

Industry associations have raised concerns over a European Union proposal to hand the provision of financial benchmarks over to public bodies, describing the idea as “statist” and “overkill”.

The proposal, outlined in a European Commission Internal Market and Services consultation document published last week, follows in the wake of this summer's Libor-fixing scandal.

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Inside “Operation Narnia,” the Daring Attack Israel Feared It Couldn’t Pull OffExternal link

Inside “Operation Narnia,” the Daring Attack Israel Feared It Couldn’t Pull Off