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Newsletter July/August 2012: Internal audit seen as antidote to LIBOR shame

Simon Turmaine | July 24, 2012

Basel regulators update their internal audit guidelines as the Barclays’ rate fixing fracas shows how much they’re needed Barclays and other banks expected to be caught up in the interbank lending-rate rigging scandal will at least have the assistance of fresh guidance from global banking regulators as they beef up their internal compliance systems.

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