LIBOR
Commons · Question 13399 · Tabled 25 Jun 2026 · Treasury · Official record
Answered 1 Jul 2026
Question
Asked by Iqbal Mohamed
To ask the Chancellor of the Exchequer, what discussions her Department has had with regulators regarding LIBOR-related settlements with banks during the period in which criminal investigations were ongoing.
Answer
Answered by Rachel Blake, 1 Jul 2026
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...