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LIBOR rigging: Difference between revisions
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:— Charles Dickens, ''Oliver Twist''}} | :— Charles Dickens, ''Oliver Twist''}} | ||
This appeal from Tom Hayes’ conviction for “[[LIBOR]] rigging” follows the US acquittals in 2022 of Matt Connolly and Gavin Black of the same | This appeal from Tom Hayes’ conviction for “[[LIBOR]] rigging” follows the US acquittals in 2022 of Matt Connolly and Gavin Black of equivalent charges relating to the same actions, and centres on a two-limbed question: | ||
{{L3}}What do the LIBOR and EURIBOR fixing rules mean and, given they were found in a previous trial to mean one thing, while the appellants believed them to mean another, <li> | {{L3}}What do the LIBOR and EURIBOR fixing rules mean and, given they were found in a previous trial to mean one thing, while the appellants believed them to mean another, <li> | ||
Whose job was it to decide what they meant? Was it, in other words, a matter of fact or law?</ol> | Whose job was it to decide what they meant? Was it, in other words, a matter of fact or law?</ol> | ||