Author Archives: Richard Hodge
Richard Hodge comments in the Lawyer Magazine on the forthcoming publication of the Leveson Report.
Leveson LJ’s remit includes providing recommendations for effective regulation to support the integrity and freedom of the press, while encouraging the highest ethical standards. So what should we expect? Continue reading
On 27 June 2012, the Financial Services Authority (FSA), US Department of Justice and the Commodity Futures Trading Commission imposed fines totalling £290 million on Barclays Bank Plc (“Barclays”), following the bank’s admission that it had manipulated Libor (as well as Euribor).
The FSA has also since announced that it will investigate the conduct of other banks, including HSBC Bank Plc (“HSBC”), Lloyds Banking Group (“Lloyds”) and The Royal Bank of Scotland Plc (“RBS”). Continue reading
On Friday 29 June 2012, the Financial Services Authority (FSA) published details of its preliminary findings into the sale of interest rate hedging products.
The FSA found that banks had, in many instances, mis-sold interest rate hedging products to individuals and businesses. Continue reading