The UK government has named a committee to recommend a new administrator for Libor, the benchmark interbank lending rate at the centre of an international rigging scandal.
The committee is a step on the road to implementing the recommendations of the Wheatley Review, the process put in place to reform the discredited Libor system. Chaired by Baroness Hogg, it will recommend a replacement for the British Bankers' Association, the current administrator, this year. Financial News takes a look at the members of the Hogg Tendering Advisory Committee for Libor.