Financial benchmark reform may stumble on patchy take-up

A global blueprint intended to stamp out manipulation of financial benchmarks, expected to be published late this week, risks failure if individual countries persist in pursuing their own regimes.

Regulators are expected to unveil final guidelines for improving transparency and oversight of benchmarks covering everything from interest rates to oil and gold.

via Business feed http://www.scmp.com/business/banking-finance/article/1283089/financial-benchmark-reform-may-stumble-patchy-take