Financial watchdogs have been distracted by benchmark rate manipulation and have taken their eyes off more run-of-the-mill cases of insider dealing, lawyers have said.
Reacting to figures revealed by The Times on Friday showing that white-collar criminals had been acting with impunity, legal experts argued that the Financial Conduct Authority had sacrificed other investigations while focusing on Libor and Euribor prosecutions.
‘Enforcement 40’ for 2020
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