This week’s announcement about the rigging of the foreign exchange markets marks one significant change: at last, the media and the Chancellor are using the word corruption to describe this behaviour. Today we take tough action to clean up corruption.” – UK’s Chancellor of the Exchequer George Osborne Since the financial crisis started in 2008, banks have been fined […]
Tag Archives | Chancellor of the Exchequer
Corruption and banking: forex heralds an important change in rhetoric
19 November 2014 in Accountability, Anti-corruption Conventions, Anti-corruption movement, Asset recovery, Civil society, Europe and Central Asia, European Union, Financial Markets, Impunity, Lobbying, Measurement and Research, Politics and government, Private sector
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