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Legislator says BOE's forex probe 'seriously incomplete'

Published Tue, Mar 3, 2015 · 09:50 PM
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London

A PROBE by the Bank of England (BOE) into what central bank staff knew of malpractice in London's foreign exchange market failed to scrutinise officials closely enough and was "seriously incomplete", a senior lawmaker said on Tuesday.

Last year, the BOE's supervisory board commissioned an investigation by a top commercial lawyer, Anthony Grabiner, to look into what BOE staff knew about foreign exchange market malpractice.

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