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Articles by Benjamin Fox, EUobserver

We found 2 results.

MEPs Agree Credit Rating Agency Crackdown
Benjamin Fox, EUobserver – TRANSCEND Media Service, 21 Jan 2013

The European Parliament on Wednesday (16 Jan 2013) voted in favour of a cross-party compromise text agreed in November which is aimed at preventing conflicts of interest, increasing competition, and reducing the reliance of businesses and governments on credit ratings.

Rate-Fixing Bankers to Face Jail Under New EU Rules
Benjamin Fox, EUobserver – TRANSCEND Media Service, 22 Oct 2012

Bankers caught manipulating the Libor exchange rate could face a minimum five-year jail term under new EU legislation. The provisions included in the proposed market abuse law were adopted by 39 votes to 0 with a single abstention in a vote by the parliament’s economic and monetary affairs committee on Monday (9 October 2012).