Consultation follows the Libor scandal which has led to massive bank fines
The British government has launched a consultation into the
possibility of extending criminal sanctions to cover
manipulation of seven other key financial benchmarks in the
oil, gold, FX and swap markets.
The government plans to include the sterling overnight index
average (Sonia), the repurchase overnight index average
(Ronia), WM/Reuters 4pm London Fix, the London gold and silver
fix, the ISDA Fix and Brent futures contracts traded on ICE
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