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    You are at:Home»Centers and Institutes»Libor Reversal Shows Need for Int’l Cooperation: DOJ’s Finch

    Libor Reversal Shows Need for Int’l Cooperation: DOJ’s Finch

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    By Newsroom on September 18, 2017 Centers and Institutes, In the News

    One of the Fordham Competition Law Institute’s annual international antitrust law and policy conference speakers, acting Assistant Attorney General Andrew Finch, was featured in a Law360 article about his panel discussion on antitrust agencies.

    Speaking at Fordham Law School’s annual conference on international antitrust law and policy, acting Assistant Attorney General Andrew Finch said that the 130 or so national antitrust agencies around the world need to work more collaboratively with each other. As an example, he pointed to the Second Circuit’s decision in July that reversed the convictions of two men charged with manipulating the London Interbank Offered Rate after finding that the DOJ’s case relied on testimony that was compelled by the U.K.’s Financial Conduct Authority.

     

    “This situation demonstrates the complexities that can arise when multiple foreign authorities are involved in investigating the same conduct, and it highlights yet another area where we stand to benefit from enhanced communication, coordination and planning with our counterpart agencies,” Finch said.

     

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