Comco is levying fines of 4.5 million Swiss francs ($5 million) and 2 million francs on Crédit Agricole and HSBC's French bank respectively. The penalties are part of a sanction for colluding on Euribor reference rates.

COMCO - The Swiss Competition Commission

Source

Published on Oct. 27th, 2020 Published on Oct. 27th, 2020

Scenario: Conduct / Anticompetitive and manipulative practices

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Sept. 20th, 2021

ORX Forum

ELSEWARE/MSTAR will be speaking on climate stress on operational risk at the ORX forum on September 23. In particular, we will be presenting the work we have done on this topic with the American Bankers Association and a group of banks.