The LIBOR is determined by the British Bankers» Association and, reports Bloomberg, the BAA «has been under pressure to overhaul the 24 - year - old system after the Bank for International Settlements said in a March report some members understated their rates to avoid being perceived as having difficulty raising financing.» (fhaloanpros.com)
Imène was previously lead of the vulnerabilities team of the Financial Stability Board (FSB) Secretariat, at the Bank for International Settlements in Basel (Switzerland). (fxinvesteurope.com)