A critical analysis of the financial regulations in place prior to the Forex scandal (2013), and whether regulatory changes that have taken place since this incident have been considerable enough to ensure that a repeat of this scandal will not occur.
Academic Level: Bachelor
Paper details please use more/other resources than following Literature review: Huan, X., Parbonetti, A. and Previts, G., 2015. Understanding the LIBOR Scandal: The historical, the ethical, and the technological. Available at SSRN 3449381. Jahanshahloo, H. and Cai, C.X., 2019. Monitoring the foreign exchange rate benchmark fix. The European Journal of Finance, 25(7), pp.670-688. Kang, M.W., 2019. Rethinking spot FX regulation. Law and Financial Markets Review, 13(4), pp.234-243. O'Brien, J., 2014. Fixing the fix: governance, culture, ethics and the extending perimeter of financial regulation. Law and Financial Markets Review, 8(4), pp.373-388. Powers, C., 2016. Filling the regulatory void in the FX spot market: How traders rigged the biggest market in the world. Fordham Urb. LJ, 43, p.139. Stenfors, A., 2018. Bid-ask spread determination in the FX swap market: Competition, collusion or a convention?. Journal of International Financial Markets, Institutions and Money, 54, pp.78-97. Thompson, PA., 2017. Putting the Lies into Libor: The Mediation of a Financial Scandal. The Death of Public Knowledge?: How Free Markets Destroy the General Intellect, p.151. Toms. S., 2017. Fraud and financial scandals. The Routledge Companion to business history, pp.358-372. Trad, Y., 2015. Financial Crises and Government Regulation. Zhang, A., Forex Scandal: The Ethics of Exchange Rate Manipulation December 8, 2015.
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