Press Release: Benchmarks for financial instruments: Council agrees stance on tighter controls

Author (Corporate)
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Series Details PRES/15/926 (13.02.15)
Publication Date 13/02/2015
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On 13 February 2015, the Permanent Representatives Committee agreed, on behalf of the Council, a negotiating stance on new rules aimed at ensuring greater accuracy and integrity of benchmarks in financial instruments.
Source Link Link to Main Source http://www.consilium.europa.eu/en/press/press-releases/2015/02/150213-benchmarks-for-financial-instruments-council-agrees-stance-tighter-controls/
Related Links
ESO: Background Information: Website: European Securities and Markets Authority (ESMA) http://www.europeansources.info/record/website-european-securities-and-markets-authority-esma/
European Commission: DG Communication: RAPID: IP/15/4422, 13.02.2015: EU Council backs European Commission proposal to fight against the manipulation of financial benchmarks http://europa.eu/rapid/press-release_IP-15-4422_en.htm
EurActiv, 18.02.15: EU's financial indices regulation ‘bizarre and wrong’, study claims http://www.euractiv.com/sections/euro-finance/eus-financial-indices-regulation-bizarre-and-wrong-study-claims-312191
ESO: Background information: New measures to restore confidence in benchmarks following LIBOR and EURIBOR scandals http://www.europeansources.info/record/press-release-new-measures-to-restore-confidence-in-benchmarks-following-libor-and-euribor-scandals/
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