Bankers want traders to pass exams first

first_imgTuesday 3 February 2015 9:04 pm Share whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldzenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comBeverly Hills MDPlastic Surgeon Explains: “Doing This Every Morning Can Snap Back Sagging Skin” (No Creams Needed)Beverly Hills MDNoteableyKirstie Alley Is So Skinny Now And Looks Like A BarbieNoteableyUltimate Pet Nutrition Nutra Thrive SupplementIf Your Dog Eats Grass (Do This Every Day)Ultimate Pet Nutrition Nutra Thrive SupplementEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity MirrorPast Factory4 Sisters Take The Same Picture For 40 Years. Don’t Cry When You See The Last One!Past Factory whatsapp Show Comments ▼ Express KCS center_img Bankers want traders to pass exams first BANKS’ traders should have a basic level of qualifications before they are allowed to work, the British Bankers’ Association (BBA) told chancellor George Osborne yesterday.The industry has been rocked by a series of trading scandals, with traders colluding to attempt to fiddle inter-bank interest rate benchmark Libor and foreign exchange benchmarks.“This is a once in a generation chance to clean up financial markets – we must seize it,” said BBA chief Anthony Browne.“We want London to once again set the gold standard for fair dealing and integrity in financial markets. We want to make sure that all traders are professionally qualified, that existing codes of conduct are reformed and given teeth and an extension of new rules to increase personal accountability and responsibility of senior managers.”Browne is not calling for a single qualification or certificate for banks’ traders, but does want regulators to give their approval to a set of exams or tests which would give staff a “licence to trade.”The request is the BBA’s response to the Fair and Effective Markets Review, which is being run by the Treasury and Bank of England Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily ProofHomemade Tomato Soup: Delicious Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofBaked Sesame Salmon: Recipes Worth CookingFamily Proof Tags: NULLlast_img

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