This book provides a compelling account of the rigging of benchmarks during and after the financial crisis of 2007–08. Written in clear language accessible to the non-specialist, it provides the historical context necessary for understanding the benchmarks – LIBOR, FOREX and the Gold and Silver Fixes – and shows how and why they have to be reformed in the face of rapid technological changes in markets. Though banks have been fined and a few traders have been jailed, justice will not be done until senior bankers are made responsible for their actions. Provocative and rigorously argued, this book makes concrete recommendations for improving the security of the financial services industry and holding bankers to account.
Mục lục
Part I: LIBOR, A CHEQUERED HISTORY, 1968–20171 A decade of deregulation?
2 The evolution of LIBOR
3 Manipulation abounds
4 Yet more banks are involved
5 Who knew what when?
Part II: A DECADE OR MORE OF CHANGE IN THE FOREX MARKET
6 A rapidly changing Forex market
7 Manipulating Forex
Part III: WAS THE PRECIOUS METAL MARKET RIGGED?
8 Gold and silver fixing
Part IV: REGULATORY REFORM
9 Reforming benchmarks
10 Holding senior bankers to account
Appendix: Fines imposed on banks by regulatory authorities
Index
Giới thiệu về tác giả
Oonagh Mc Donald is an international financial regulatory expert. She was a member of the UK parliament for Thurrock in Essex (1976–87) and a member of the front-bench Treasury team from 1983–87. She is the author of several books, including Fannie Mae and Freddie Mac: Turning the American Dream into a Nightmare (2012). She was awarded the CBE in 1998, for services to financial regulation and businessMua cuốn sách điện tử này và nhận thêm 1 cuốn MIỄN PHÍ!
Ngôn ngữ Anh ● định dạng EPUB ● Trang 304 ● ISBN 9781526119469 ● Kích thước tập tin 0.4 MB ● Nhà xuất bản Manchester University Press ● Thành phố Manchester ● Quốc gia GB ● Được phát hành 2019 ● Có thể tải xuống 24 tháng ● Tiền tệ EUR ● TÔI 6909644 ● Sao chép bảo vệ Adobe DRM
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