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
Mon, Nov 17, 2014 - 5:50 AM
Two concerns are that fines have done little to change bank behaviour and that the regulator privatised much of its inquiry.
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.