Oct 05, 2018 · The market tremors from the FX-fixing scandal and subsequent probe – triggering a flurry of fines, litigation cases and prosecutions – is set to reverberate for years to come. Euromoney investigates the fallout for global banks and possible reforms. FCA: Regulation Has Had Negligible Effect on FX Benchmark For the purposes of this article, we’ll only look at the results pertaining to the foreign exchange (FX) market and the WM/Reuters (WMR) benchmark. FCA rules have no impact. According to the FCA’s report, the Benchmarks Instrument’s rules have actually had a negligible effect on the WMR benchmark. TIMELINE-The global FX rigging scandal - Reuters Jan 11, 2017 · TIMELINE-The global FX rigging scandal. Jamie McGeever. 6 Min Read. LONDON, Jan 11 (Reuters) - The U.S. Justice Department’s charges against … Six banks fined $5.6bn over rigging of foreign exchange ... Six banks fined for forex rigging Six global banks will pay more than $5.6bn to settle allegations that they rigged foreign exchange markets, in a scandal the FBI said involved criminality “on a massive scale”. Four banks also agreed to plead guilty
FX remediation programme — MOORE
How the forex trading scandal came to light - Telegraph Nov 13, 2014 · How the forex trading scandal came to light However, the FCA has found after six years of investigation that the firms failed to responsibly manage and organise their businesses, prompting IronFX Review: Can You Trust Them? - Commodity.com Apr 09, 2018 · The UK’s Financial Conduct Agency (FCA) regulates IronFX’s activities in the UK. The FCA is widely respected as a leader in financial regulation. In addition, the UK scores highly in Transparency International's rankings of countries based on their corruption perceptions index meaning the UK is a pillar of anti-corruption. The FX Global Code of Conduct - Lexology
26 Oct 2018 Fix participation shifted after scandal, says FCA. Lengthening the benchmark window in 2015 made manipulation less likely, but the fix price is
Jan 11, 2017 · TIMELINE-The global FX rigging scandal. Jamie McGeever. 6 Min Read. LONDON, Jan 11 (Reuters) - The U.S. Justice Department’s charges against … Six banks fined $5.6bn over rigging of foreign exchange ... Six banks fined for forex rigging Six global banks will pay more than $5.6bn to settle allegations that they rigged foreign exchange markets, in a scandal the FBI said involved criminality “on a massive scale”. Four banks also agreed to plead guilty Fix participation shifted after scandal, says FCA - FX Markets
