Tuesday, March 21, 2023

Tag Archives: Financial regulators

Asia adding to oversight of key rates

Financial regulators across Asia are tightening oversight of how key interest rates are set and cracking down on signs of corruption, as a widening investigation into the banking industry world-wide unearths more evidence of systematic rate rigging. In Hong Kong, the Hong Kong Monetary Authority has stripped a banking-industry group of control and is phasing out some versions of the …

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