ASIC brought proceedings in the Federal Court against CBA for unconscionable conduct and market manipulation in relation to the bank’s involvement in setting the bank bill swap reference rate (BBSW). The BBSW is the primary interest rate benchmark used in Australian financial markets and was administered by the Australian Financial Markets Association (AFMA) during the relevant period.
Recent Posts
- Manipulation on the SGX (judgement expected in 2024)
- John Soh, Quah Su-Ling, Manipulation on the SGX (2022)
- A vindication of the rights of investors
- Evidence based on whole-of-day trading rejected by the Supreme Court as it quashes a verdict of market manipulation
- GoldZero: ESG Innovation of the year (funds & portfolios)
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