Question: Question Question: In their article The Libor Scandal: A Need for Revised National and International Reforms, Girasa and Kraus (2014), describe the events surrounding the
Question
Question:
In their article "The Libor Scandal: A Need for Revised National and International Reforms", Girasa and Kraus (2014), describe the events surrounding the 2012 exposure of the LIBOR scandal.
- Which financial institutions were found to be involved in the scandal and how were they penalised?
- What alternative methods for determining LIBOR were suggested and have any of these been implemented since?
Reference:
Girasa, RJ & Kraus, RJ 2014, 'The Libor Scandal: A Need for Revised National and International Reforms and Regulations', North East Journal of Legal Studies, vol. 32, pp. 89-112.
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