I guess we should be able to say that this could be a positive move toward establishing some degree of trust again in the financial system. One small step. At least the realization, of why the financial system must change is presented. But, I can,t help but feel, the system was left with an ultimatum.
There has to be many changes and the recognition of promptness is revealed in this link.
http://news.sky.com/story/970884/libor-scandal-rate-faces-axe-under-review
The muppets have a glimmer of hope.
IMO