Fixing the Fix: Benchmark Reform and the Future of Financial Regulation

Allen & Overy, in conjunction with the UNSW Centre for Law, Markets and Regulation held the final and concluding major workshop on benchmark manipulation on 19 November 2014. This exclusive workshop assessed the attempts, driven by the United Kingdom, but with significant support from both the Financial Stability Board and the International Monetary Fund, to create ‘fair and effective’ markets. It looked at the types of problems that have arisen and how the benchmarks can be improved structurally to reduce ability and incentives for misconduct.

This workshop included keynote presentations from Guy Debelle of the Reserve Bank of Australia, David Lynch of the Australian Financial Markets Association along with leading practitioners and senior academics.