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UK bankers and regulators could be in for public grilling

Questions have been asked about how the Financial Conduct Authority ran the inquiry into forex market misconduct

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Two concerns are that fines have done little to change bank behaviour and that the regulator privatised much of its inquiry.

London

BRITISH bank executives and regulators could be in line for public grillings following last week's landmark international settlement over allegations of manipulation and collusion in the US$5.3 trillion-per-day foreign exchange market.

British regulators led a global