C‑39/18P, Commission v. Icap Management Services: The Rights of Defense in a Dissuasive Fining System

C‑39/18P, Commission v. Icap Management Services: The Rights of Defense in a Dissuasive Fining System

August 2019 CPI EU News Column edited by Thibault Schrepel, Sam Sadden & Jan Roth (CPI) presents: C‑39/18P, Commission v. Icap Management Services: The Rights of Defense in a Dissuasive Fining System By Godefroy de Moncuit (Business Law and New Technologies Center)1 Click here for a PDF version of the article   Summary On July 10, […]

The Lie in LIBOR: Seeds of a Cartel?

Rodger Burnett, Lianne Craig, Gurpreet Gchhokar, Nov 28, 2012 LIBOR (London Inter-Bank Offered Rate) is one of the world’s most significant interest rate benchmarks used to set payments on financial transactions worldwide with a combined value running into the trillions of dollars. This summer the banking world was shocked by the news that LIBOR appeared […]

Libor Litigation and the Role of Screening: The Need for Enhanced Compliance Programs

Rosa Abrantes-Metz, Jul 28, 2011 The U.S. Department of Justice, the Securities and Exchange Commission, and other regulatory agencies have recently made allegations of a possible conspiracy to manipulate the U.S. dollar Libor rate (“Libor”) by several major banks. These allegations followed the application of empirical methods known as screens to flag unexpected patterns in […]