U.S. proposals designed to minimize major losses
Governors agree to set up a working group
Bank reaches settlement with U.S. regulators
Penalties and disgorgement total more than $1.7 million
LQD Markets UK enters insolvency due to unpegging of Swiss franc and euro
Changes follow turmoil involving Swiss franc
Alpari enters insolvency proceedings
Banks facing further fines
U.S., UK regulators imposes fines totalling more than US$3 billion
FSB, IOSCO reports set out a number of recommendations for reform