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The CBI responded to the review of Libor by Martin Wheatley, the Managing Director of the FSA and Chief Executive-designate of the Financial Conduct Authority. "With Libor being such an intrinsic part of the financial system, restoring trust in it is an important step towards the broader task of rebuilding confidence in banking. "Bringing Libor under an independent regulator will take away the notion that this was a system run by banks for the benefit of banks. "Focusing it on the most liquid trades will drastically reduce the scope for any manipulation, particularly at times of market stress.
"Stronger individual accountability, including through criminal sanctions, will provide a robust last line of defence." |
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| Capital Actuary - Non-life | ||
| South East / hybrid with 2-3 days office-based - Negotiable | ||
| STAR EXCLUSIVE: Actuarial Analyst, Gr... | ||
| London / hybrid with 1-2 days p/w office-based - Negotiable | ||
| Senior London Market Manager | ||
| hybrid with 2 - 3 days p/w office-based - Negotiable | ||
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| Bermuda - $250,000 Per Annum | ||
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| Midlands / hybrid with 3 days p/w office-based. Other locations considered. - Negotiable | ||
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