Libor review: key points

Martin Wheatley's 10-point plan includes stripping the BBA of its role and making Libor manipulation a criminal offenceMartin Wheatley's 10-point plan to overhaul the way the Libor market operates could eventually give him key responsibility for the ultimate oversight of a rate that affects $300 trillion (£185tn) of financial products around the world.In calling for the government to give the Financial Services Authority powers to regulate the submission and administration of Libor, Wheatley ...