Tue, Sep 1, 2015
A A A
Welcome preal121
RSS

Commodities Briefing - Categorized | Currencies more

UK plans to make currency-rigging a crime but rejects EU rules

Posted on 13 June 2014

British finance minister George Osborne rejected European Union plans to outlaw currency market manipulation on Thursday and instead set out his own proposals to make rigging exchange rates a criminal offence.
EU laws taking effect in 2016 will make it a criminal offence with a four-year jail term to rig key prices in a wide range of financial markets. But Osborne does not want these laws to apply in London, the world’s biggest centre for currency trading………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 42163 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
September 2015
S M T W T F S
« Aug    
 12345
6789101112
13141516171819
20212223242526
27282930