The Hong Kong Monetary Authority has called for UBS to put the six traders who were found to have attempted to fix the Hong Kong Interbank Offered Rate for three years under disciplinary action, Bloomberg said.
A prosecutor for the US government told a federal court yesterday that the former aides of $17.5 billion Ponzi scheme mastermind Bernard Madoff knowingly carried out the scam in the hopes of getting more gifts from their former boss.
The Monetary Authority of Singapore has said in its latest statement that it will be one of the first countries who has taken to regulate Bitcoin to address risks that the currency could be used for money-laundering and terrorism funding purposes.
Bloomberg observed that Google Inc's recent petition to black out information from a public court transcript detailing its methods to scan emails was not in line with the company lawyer's promise of cooperation at a February 27 hearing.
