Justin O'Brien, professor and director of the Centre for Law, Markets & Regulation at the University of New South Wales, speaks with Bloomberg about the Libor-rate fixing scandal and Bank of England Deputy Governor Paul Tucker’s account of his involvement.

ASIC today released a report into custodial and depository services in Australia following a review of the industry, identifying a number of key risks to the safety of client assets and recommending some matters of ‘good practice’ that custodians and responsible entities may need to consider.