UPDATE 1-UK watchdog wants hard evidence from banks on Libor shift
Banks must provide concrete
evidence to show that they are ending the use of the Libor
interest rate benchmark as a price reference in financial
contracts, a senior Financial Conduct Authority official said on
Thursday.
evidence to show that they are ending the use of the Libor
interest rate benchmark as a price reference in financial
contracts, a senior Financial Conduct Authority official said on
Thursday.
Posted by Reuters