Competition Law and Financial Crime : a Comparative Analysis of International Responses to Market Manipulation

"Financial crime is a significant drain on economies across the world. This book looks at one aspect of financial crime, that of benchmark interest rate manipulation by competing banks, with the aim of identifying the best approach for the United Kingdom to take to the enforcement of laws again...

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Bibliographic Details
Main Author Johnson, Diana (Law teacher) (Author)
Format Electronic eBook
LanguageEnglish
Published New York : Routledge, 2025.
SeriesLaw of financial crime.
Subjects
Online AccessFull text
ISBN9781003425106
1003425100
9781040314906
1040314902
9781040314951
1040314953
9781032540313
9781032544793
Physical Description1 online resource

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100 1 |a Johnson, Diana  |c (Law teacher),  |e author. 
245 1 0 |a Competition Law and Financial Crime :  |b a Comparative Analysis of International Responses to Market Manipulation /  |c Diana Johnson. 
264 1 |a New York :  |b Routledge,  |c 2025. 
300 |a 1 online resource 
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337 |a computer  |b c  |2 rdamedia 
338 |a online resource  |b cr  |2 rdacarrier 
490 1 |a The Law of Financial Crime 
505 0 |a Chapter 1. Introduction -- Chapter 2. Background to the LIBOR and FX Benchmark Manipulation Crisis -- Chapter 3. UK Competition Law and Financial Crime -- Chapter 4. EU competition law and financial crime -- Chapter 5. -- US Competition Law and Financial Crime -- Chapter 6. UK, EU and US Comparison -- Chapter 7. Conclusion and Recommendations 
506 |a Plný text je dostupný pouze z IP adres počítačů Univerzity Tomáše Bati ve Zlíně nebo vzdáleným přístupem pro zaměstnance a studenty 
520 |a "Financial crime is a significant drain on economies across the world. This book looks at one aspect of financial crime, that of benchmark interest rate manipulation by competing banks, with the aim of identifying the best approach for the United Kingdom to take to the enforcement of laws against future benchmark manipulation. The manipulation of any benchmark interest rate by bankers, colluding for their own gain, is likely to negatively affect a large proportion of the population as many people have loans pegged to a benchmark interest rate. This monograph investigates the approach the UK took to enforcing action against the benchmark manipulation which took place in the London Interbank Offered Rate and the Foreign Exchange benchmark manipulation scandals. As part of this investigation, the approaches taken in the European Union and the United States of America are examined and compared to the approach taken in the UK to the same crime, to draw conclusions and make recommendations to improve the UK approach for future instances of benchmark manipulation. The work fills an important gap in the literature by comparing and evaluating the laws and enforcement policies pertaining to the use of competition law in counteracting benchmark manipulation in the UK, EU and US. It argues that competition law is an effective enforcement tool when used in the financial services sector and that it provides regulators with a wide range of enforcement options when a breach of competition law is established. The book will be a valuable resource for academics, researchers and policy-makers working in the areas of Financial Crime, Competition Law, Comparative Law and Criminal Justice"--  |c Provided by publisher. 
588 |a OCLC-licensed vendor bibliographic record. 
650 0 |a Commercial crimes  |x Law and legislation. 
650 0 |a Competition, Unfair. 
655 7 |a elektronické knihy  |7 fd186907  |2 czenas 
655 9 |a electronic books  |2 eczenas 
830 0 |a Law of financial crime. 
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