KM Financial Solutions | UPDATE 1-UK watchdog wants hard evidence from banks on Libor shift
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UPDATE 1-UK watchdog wants hard evidence from banks on Libor shift

UPDATE 1-UK watchdog wants hard evidence from banks on Libor shift

Banks must provide concrete
evidence to show that they are ending the use of the Libor
interest rate benchmark as a price reference in financial
contracts, a senior Financial Conduct Authority official said on
Thursday.

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