Reckless bankers should face jail, says UK parliamentary report

fraudweek5

Prison sentences for "reckless" senior bankers are among the recommendations contained in the 570-page dossier released today by the UK Parliamentary Commission on Banking Standards.

The report marks the culmination of a year-long process – launched after the Libor scandal – of gathering written and verbal evidence on the professional standards and culture in the UK banking sector.

One of the headline recommendations of the report is the criminalisation of any "reckless misconduct" in the manage

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: