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.
via Insider dealing has gone on unpunished, lawyers claim | The Times & The Sunday Times.