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FSA to publish internal Libor probe soon

Britain's financial services authority (FSA) will be announced by the internal review, know for the first time that bank control London interbank interbank benchmark, and in a few weeks before the watchdog of the scrap.
Britain's financial services authority to parliament in Treasury select committee issued by the media, said through the internal auditing department review submit written opinions.
Britain's financial services authority is in response to the report of the committee, last year in London interbank interbank scandal. Control London interbank interbank interest rates as a reference of housing loans, credit card transactions, two British bank, barclays bank and royal bank of Scotland has been fined.
Committee members worry, big dog is two years behind American regulators began to formal investigation. In the case that the documents submitted by the FSA said, it has with the United States authorities cooperation since 2008.
Published the FSA internal investigation committee hope.
"Money capital committee will consider to their own consciousness inappropriate London interbank Banks submit finalized, Britain's financial services authority review", the committee chairman Andrew Tyrie on Thursday said in a statement.
"We hear some evidence that early warning signs may have been ignored," Tyrie said.
FSA spokesman said, review, expected in the next two to three weeks announced.
The committee has according to the FSA give more encouragement informant from bank report improper behavior.
'great partners"
In the case that the documents submitted by the FSA said: "at present, we are writing a about reward whistle blower no moral hazard,". FSA law enforcement Tracy MaiKeDe mulder's head has told parliament said, she is not in favor of pay informer.
FSA will at the end of march scrap, and the bank of England and a new independent financial behavior mechanism of power between the divided into crisis shook.
Gary jeans Michael, commodity futures trading commission on regulators fined, barclays bank and royal bank of Scotland, said the chairman of the board, the company has become Britain's financial services authority work four years, it is a "great partners, the law enforcement cases".
He reiterated that he wants to see London interbank Banks - this is some American housing loan pricing - according to the actual transaction, rather than "that don't exist".
"The real problem is the core, it may be that there is no real market, there is no reference to raise rates, in fact, like a real estate agent, they make it to some extent," jeans le in the British broadcasting corporation (BBC) interview, added that he cannot guarantee London interbank interbank market is clean.
The managing director of FSA WeiYiLi (Martin Wheatley), who wrote a joint report Gensler company for the future reform of London interbank Banks in the global scope, said this is not possible dialysis women's athletics London interbank interbank immediately transferred to the real deal.
Reuters townsend Reuters group, the parent company, has been calculated and distribution of London interbank lending interest rates Banks for the London interbank sponsor, the British bankers association, since 2005.



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