Podcast Location:
Download it here [file size: 50.3 MB]
Categories:
Banking and Financial Services
Litigation & Dispute Resolution
CPD Points:
Up to 1 point. details »

Due to the difference in guidelines between the SRA and the Bar Standards Board, CPD points are awarded differently for Solicitors, Barristers and Legal Executives:

Regulated by the Solicitors Regulation Authority:
Listen and pass the quiz: Gain 1 CPD point (60 minutes)
Listen only, gain ½ a CPD point (30 minutes)

Regulated by the Bar Standards Board:
Listen and pass the quiz: Gain 1 accredited CPD point (60 minutes)

Regulated by ILEX:
Listen and pass the quiz: Gain 1 CPD point (60 minutes)
Listen only, gain ½ a CPD point (30 minutes)

Cost:
  • FREE
Length:
30 minutes of audio
(+ optional 5 minute online quiz)
Plays on Computer:
Yes Downloadable as MP3:    Yes
Contributor(s):
Course Aims:

This CPDcast is aimed at banking and financial services and commercial dispute resolution practitioners. It explains the background to the LIBOR scandal including the sequence of events leading up to the present day and outlines the numerous past and present investigations conducted in relation to the conduct of major banks as well as potential future litigation.

Outcomes:
After completing the course you will:
  • Understand what the LIBOR scandal entailed;
  • Be aware of the sequence of events that make up the scandal;
  • Know what regulatory investigations have been conducted and their findings and which investigations remain ongoing;
  • Be aware of likely future litigation following the scandal and understand the treatment of such litigation in the United States.
Level:
Intermediate Difficulty: 3 of 5
Classification:
Market Update / Hot Topic
Sources and References:
  • Deutsche Bank AG v Unitech Global Limited (28/2/2013);
  • Graiseley Properties Limited v Barclays Bank Plc (29/10/12);
  • House of Commons Treasury Committee – Fixing LIBOR: Some Preliminary Findings, Second Report of Session 2012-13;
  • The Parliamentary Commission on Banking Standards Report;
  • The Wheatley Review of LIBOR: final report.

This CPDcast with banking disputes expert Tom Dane, discusses the LIBOR scandal one year after the FSA published its final notice against Barclays and following on from the £290 million settlement between Barclays and the US and UK authorities for Barclays’ role in manipulating the London Interbank Offered Rate.

Date Recorded: 25th June 2013

NEW! TRANSCRIPT INCLUDED IN ADDITIONAL INFORMATION

Start this CPDcast Activity

© CPDcast.com