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Regulatory

RBS enters enforceable undertaking

The Royal Bank of Scotland has entered an enforceable undertaking in relation to "potential misconduct" involving the Australian Bank Bill Swap Rate (BBSW), the Australian Securities and Investments Commission (ASIC) has announced.

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Read more: RBS,  ASIC,  BBSW,  Australian Bank Bill Swap Rate,  Australian Securities,  Investments Commission,  Royal Bank,  Scotland,  Regulatory,  Australia,  BNP Paribas,  CFTC,  EU,  Independent Compliance Expert,  Reference Bank Bills,  UBS AG,  United States Commodity Futures Trading Commission