July 15, 2014 BY Mike Fox

International FSB completes reccomendations on blanket FX fixing reform

The globally minded Financial Services Board, the G20's consultative go-to for all things financial, which is chaired by Mark Carney, Governor of the Bank of England released final recommendations and conclusions on cleaning up FX benchmarks and rate fixes. The way it stands in its current form has embroiled in scandal many investment banks and…

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