questionText: To ask the Chancellor of the Exchequer, what assessment her Department has made of the potential merits of establishing an (a) inquiry and (b) review into (i) the handling of LIBOR manipulation and (ii) the roles of (A) banks, (B) regulators and (C) enforcement bodies.
answerText: The Government commissioned the independent Wheatley Review in July 2012 to identify and recommend changes to the regulatory framework in light of the LIBOR scandal. The Government accepted the Review’s recommendations and implemented associated reforms t...
heading: LIBOR