No changes to Libor, according to the BBA - apparently there wasn't that much of a need for reform after all. This from the Wall Street Journal blamed "Citigroup Inc., WestLB, HBOS PLC, J.P. Morgan Chase & Co. and UBS AG" for reporting falsely low borrowing rates and skewing Libor down. Defending Libor are Alea and Felix Salmon.
The FT isn't happy, writing "...some officials hoped this might quell the current controversy about this crucial daily benchmark of money market behaviour.

Such hopes, however, seem naive. For while the BBA might have backed away from radical reform, unease about this benchmark remains high – not least because money market tensions are continuing to plague the system.

Consequently, bankers are now watching to see whether these frustrations will prompt some institutions to actively press ahead with creating alternatives to the BBA measure..."