Podcast Location:
Download it here [file size: 45.3 MB]
Categories:
Banking and Financial Services
CPD Points:
Up to 1 point. details »

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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 recaps on the developments which occurred and initial issues which arose when the LIBOR scandal was first exposed in 2012. It takes a detailed look at how the regulatory landscape has shifted two years after the publication of the first regulatory report and what new issues have arisen for the future.

Outcomes:
After completing the course you will:
  • Have considered the initial developments of the LIBOR scandal;
  • Know the key issues which arose in 2013/14;
  • Understand the rationale of the Court of Appeal decision of Graiseley Properties Limited v Barclays Bank PLC and Deutsche Bank AG v Unitech Global Limited [2013];
  • Have considered the extent of litigation which has followed the LIBOR scandal;
  • Understand the issues surrounding the FOREX scandal.
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;
  • Deutsche Bank AG v Unitech Global Limited [2013] EWCA Civ 1372;
  • House of Commons Treasury Committee – Fixing LIBOR: Some Preliminary Findings, Second Report of Session 2012-13;
  • In re LIBOR-Based Financial Instruments Antitrust Litigation The Parliamentary Commission on Banking Standards Report;
  • The Wheatley Review of LIBOR: final report.
Tags:

In this CPDcast Tom Dane, a partner in the dispute resolution department of Nabarro discusses the LIBOR scandal two years after the publication of the first regulatory report.

Date Recorded: 15th May 2014

NEW! TRANSCRIPT INCLUDED IN ADDITIONAL INFORMATION

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