- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
Barclays will pay $100 million as part of a 44-state settlement “for fraudulent and anticompetitive conduct” involving manipulation of the LIBOR benchmark interest rate.
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FASB is proposing guidance intended to ease the potential accounting burden companies expect to face as they navigate reference rate reform.
Regulators are starting to freak out a little over what will happen in U.S. financial markets in 2021 when a major benchmark interest rate is expected to vanish.
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